Mark Albert Anderson - 03 Jan 2022 Form 4 Insider Report for MODEL N, INC.

Role: Chief Services Officer
Signature: /s/Mark Anderson by Errol Hunter, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 03 Jan 2022
Net transactions value: -$159,178
Form type: 4
Filing time: 04 Jan 2022, 20:16:50 UTC
Previous filing: 17 Nov 2021
Next filing: 18 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MODN	Common Stock	Sale	$159,178	-5,207	-2.6%	$30.57	191,523	03 Jan 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2021, as amended.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.43 to $31.15 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.

Content

This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2021, as amended.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.43 to $31.15 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.