Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NCNO | Common Stock | Options Exercise | +32K | +3.15% | 1.05M | Jun 8, 2021 | Direct | F1 | ||
transaction | NCNO | Common Stock | Sale | -$907K | -14.6K | -1.39% | $62.28* | 1.03M | Jun 9, 2021 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NCNO | Stock Restricted Unit | Options Exercise | $0 | -32K | -25% | $0.00 | 96K | Jun 8, 2021 | Common Stock | 32K | Direct | F1 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer ("Share") or, in the Issuer's discretion, an amount of cash equal to the fair market value of the Shares represented by the RSUs on the payment date. These RSUs vest in four equal annual installments starting on June 8, 2021, subject to the reporting person's continued employment through the applicable vesting date. These RSUs fully vest upon a change in control of the Issuer. |
F2 | These sales were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person. |