Gregory Orenstein - 07 Jun 2021 Form 4 Insider Report for NCINO, INC.

Role
Chief Corp Dev & Legal Officer
Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Issuer symbol
N/A
Transactions as of
07 Jun 2021
Net transactions value
-$1,593,868
Form type
4
Filing time
09 Jun 2021, 17:00:43 UTC
Next filing
10 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Options Exercise $23,292 +9,507 +35% $2.45* 36,773 07 Jun 2021 Direct
transaction NCNO Common Stock Options Exercise $24,930 +5,006 +14% $4.98* 41,779 07 Jun 2021 Direct
transaction NCNO Common Stock Sale $599,740 -9,505 -23% $63.10* 32,274 07 Jun 2021 Direct F1, F2
transaction NCNO Common Stock Sale $318,827 -5,008 -16% $63.66* 27,266 07 Jun 2021 Direct F1, F3
transaction NCNO Common Stock Options Exercise $19,318 +7,885 +29% $2.45* 35,151 08 Jun 2021 Direct
transaction NCNO Common Stock Options Exercise $20,428 +4,102 +12% $4.98* 39,253 08 Jun 2021 Direct
transaction NCNO Common Stock Sale $268,143 -4,239 -11% $63.26* 35,014 08 Jun 2021 Direct F1, F4
transaction NCNO Common Stock Sale $495,127 -7,748 -22% $63.90* 27,266 08 Jun 2021 Direct F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -9,507 -55% $0.000000 7,885 07 Jun 2021 Common Stock 9,507 $2.45 Direct F6
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -5,006 -5.8% $0.000000 80,602 07 Jun 2021 Common Stock 5,006 $4.98 Direct F7
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -7,885 -100% $0.000000* 0 08 Jun 2021 Common Stock 7,885 $2.45 Direct F6
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -4,102 -5.1% $0.000000 76,500 08 Jun 2021 Common Stock 4,102 $4.98 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer ("Shares") were sold in multiple transactions at prices ranging from $62.50 to $63.495, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in footnote (2).
F3 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $63.50 to $64.00, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in footnote (3).
F4 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $62.51 to $63.50, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in footnote (4).
F5 The price reported in Column 4 is a weighted average price. The Shares were sold in multiple transactions at prices ranging from $63.51 to $64.34, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in footnote (5).
F6 This option vested in four equal annual installments starting on November 1, 2016.
F7 This option vests in four equal annual installments starting on February 1, 2018, subject to the reporting person's continued employment through the applicable vesting date. This option fully vests and becomes exercisable upon a change in control of the Issuer.