Manisha Shetty Gulati - Feb 15, 2023 Form 4 Insider Report for MODEL N, INC. (MODN)

Role
Director
Signature
Manisha Shetty Gulati by Errol Hunter, Attorney-in-Fact
Stock symbol
MODN
Transactions as of
Feb 15, 2023
Transactions value $
-$124,040
Form type
4
Date filed
2/17/2023, 06:13 PM
Previous filing
Aug 18, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODN Common Stock Sale -$124K -3.54K -32.99% $35.00 7.2K Feb 15, 2023 Direct F1
transaction MODN Common Stock Award $0 +4.2K +58.35% $0.00 11.4K Feb 16, 2023 Direct 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 December 13, 2022, as amended.
F2 Issuable upon the vesting of Restricted Stock Units ("RSUs"). 25% of the shares subject to this RSU grant will vest on May 15, 2023, August 15, 2023, November 15, 2023, and February 15, 2024, provided the Reporting Person continues to serve on the Board of Directors through the applicable vesting date.