Kimberly DeCarlis - 15 Feb 2023 Form 4 Insider Report for MODEL N, INC.

Role
Director
Signature
Kimberly DeCarlis by Errol Hunter, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Feb 2023
Net transactions value
-$34,180
Form type
4
Filing time
17 Feb 2023, 18:13:45 UTC
Previous filing
18 Nov 2022
Next filing
12 May 2023
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 $34,180 -1,000 -8.4% $34.18 10,857 15 Feb 2023 Direct F1
transaction MODN Common Stock Award $0 +4,248 +39% $0.000000 15,105 16 Feb 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 12, 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.