BROWN BRIAN E. 4
4 · ELLIE MAE INC · Filed Mar 5, 2019
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
BROWN BRIAN E.
VP, Legal Affairs
Transactions
- Award
Common Stock
2019-03-01+7,598→ 26,660 total - Sale
Common Stock
2019-03-01$99.52/sh−235$23,387→ 26,425 total - Tax Payment
Common Stock
2019-03-01$99.52/sh−246$24,482→ 26,179 total - Sale
Common Stock
2019-03-04$99.50/sh−465$46,268→ 25,714 total
Footnotes (4)
- [F1]Constitutes shares to be issued following the Compensation Committee of the Board of Directors certification on March 1, 2019 of the achievement of performance goals under 2018 performance share awards. Shares of common stock will be issued on or about April 1, 2019 with 25% of the shares vesting on each of the date of issuance, March 1, 2020, March 1, 2021 and March 1, 2022, subject to continuous service through such dates.
- [F2]The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- [F3]Represents shares acquired by the Reporting Person on February 28, 2019 under the Issuer's employee stock purchase plan in a transaction exempt from the reporting requirements under Section 16(a).
- [F4]Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock. The amount of shares withheld is based on the closing price of ELLI on March 1, 2019.