Eric Smit - Sep 4, 2024 Form 4 Insider Report for EGAIN Corp (EGAN)

Role
Chief Financial Officer
Signature
/s/ Eric N. Smit
Stock symbol
EGAN
Transactions as of
Sep 4, 2024
Transactions value $
-$5,436
Form type
4
Date filed
9/5/2024, 04:14 PM
Previous filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGAN Common Stock Options Exercise $138K +22K +16.84% $6.29 153K Sep 4, 2024 Direct F1, F2
transaction EGAN Common Stock Sale -$144K -22K -14.41% $6.54 131K Sep 4, 2024 Direct F1, F2, F3

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 EGAN Employee Stock Option (right to buy) Options Exercise $0 -22K -100% $0.00 0 Sep 4, 2024 Common Stock 22K $6.29 Direct
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2024.
F2 Includes 1,461 restricted stock units granted pursuant to eGain's Amended and Restated 2005 Stock Incentive Plan on November 10, 2023.
F3 Represents actual price. These shares were sold in multiple transactions ranging in price from $6.45 to $6.68. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.