Scott Fitzgerald - 01 Jun 2023 Form 4 Insider Report for Intapp, Inc. (INTA)

Role
Chief Marketing Officer
Signature
/s/ Brian Grube, Attorney-in-Fact
Issuer symbol
INTA
Transactions as of
01 Jun 2023
Net transactions value
-$78,606
Form type
4
Filing time
02 Jun 2023, 16:34:56 UTC
Previous filing
23 May 2023
Next filing
06 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTA Common Stock Award $2,396 +124 +0.6% $19.32 20,815 31 May 2023 Direct F1
transaction INTA Common Stock Options Exercise $85,080 +4,000 +19% $21.27 24,815 01 Jun 2023 Direct F2
transaction INTA Common Stock Sale $36,785 -900 -3.6% $40.87 23,915 01 Jun 2023 Direct F2, F3, F4
transaction INTA Common Stock Sale $74,407 -1,800 -7.5% $41.34 22,115 01 Jun 2023 Direct F2, F3, F4
transaction INTA Common Stock Sale $54,890 -1,300 -5.9% $42.22 20,815 01 Jun 2023 Direct F2, F3, F4

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 INTA Employee Stock Option (right to buy) Options Exercise $0 -4,000 -3.7% $0.000000 104,000 01 Jun 2023 Common Stock 4,000 $21.27 Direct F2, F5
holding INTA Employee Stock Option (right to buy) 20,000 01 Jun 2023 Common Stock $21.27 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares purchased pursuant to the Intapp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of December 1, 2022, through May 31, 2023. In accordance with the ESPP, these shares were purchased in a transaction exempt under Rule 16b-3(c) at a price equal to 85% of the closing price of Intapp, Inc. (the "Issuer") common stock on December 16, 2021.
F2 The option exercise and sale of shares of common stock of Intapp, Inc. was executed pursuant to a 10b5-1 plan put in place by the Reporting Person on February 24, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $40.8722: $40.73 to $40.99, inclusive; (b) with respect to the weighted average price of $41.3372: $41.01 to $41.95, inclusive; and (c) with respect to the weighted average price of $42.2231: $42.08 to $42.33, inclusive. The reporting person undertakes to provide to Intapp, Inc., any security holder of Intapp, 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 this footnote (3).
F4 The shares of the Issuer's common stock held by the Reporting Person are subject to the restrictions on transfer set forth in the Lock-Up Agreement dated May 16, 2023 by and among the Reporting Person and BofA Securities, Inc.as Representatives of the several underwriters named in the Underwriting Agreement (the "Underwriting Agreement") filed with the SEC as Exhibit 1.1 to the Form 8-K filed by the Issuer on May 19, 2023.
F5 The shares underlying this option vested as to 25% of the shares on April 29, 2022, and have vested and will vest, subject to continued employment, in 36 equal monthly installments thereafter.
F6 The shares underlying this option are fully vested and exercisable as of the date hereof.