Insight Holdings Group, LLC - Oct 18, 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
Insight Holdings Group, LLC, by Andrew Prodromos, its Authorized Signatory /s/Andrew Prodromos
Stock symbol
NCNO
Transactions as of
Oct 18, 2024
Transactions value $
-$13,586,842
Form type
4
Date filed
10/21/2024, 07:26 PM
Previous filing
Oct 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$3.27M -89.2K -19.76% $36.62 362K Oct 18, 2024 See Footenote F1, F2, F6
transaction NCNO Common Stock Sale -$5.56M -152K -12.78% $36.62 1.04M Oct 18, 2024 See Footenote F1, F3, F6
transaction NCNO Common Stock Sale -$1.08M -29.4K -12.78% $36.62 201K Oct 18, 2024 See Footenote F1, F4, F6
transaction NCNO Common Stock Sale -$3.68M -100K -9.73% $36.62 932K Oct 18, 2024 See Footenote F1, F5, 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 See Exhibit 99.1
F2 See Exhibit 99.1
F3 See Exhibit 99.1
F4 See Exhibit 99.1
F5 See Exhibit 99.1
F6 See Exhibit 99.1

Remarks:

This Form 4 is the second of three Forms 4 filed relating to the same event. The Form 4 has been split into three filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons. Each Form 4 is filed by Designated Filer, Insight Holdings Group, LLC. Jeffrey Horing, a member of the board of managers of Insight Holdings Group, LLC, serves on the Board of Directors of the Issuer (the "Board"). Solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each of the Reporting Persons may be deemed to be a "director by deputization" of the Issuer as a result of the service of Mr. Horing on the Board. Exhibit List Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Signatures Exhibit 99.3 - Joint Filer Information