| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MODN | Common Stock | Sale | -$8.82K | -308 | -0.3% | $28.63 | 102K | May 16, 2023 | Direct | F1 |
| transaction | MODN | Common Stock | Sale | -$8.99K | -314 | -0.31% | $28.63 | 101K | May 16, 2023 | Direct | F1 |
| transaction | MODN | Common Stock | Sale | -$14.7K | -512 | -0.51% | $28.63 | 101K | May 16, 2023 | Direct | F1 |
| transaction | MODN | Common Stock | Sale | -$48.6K | -1.7K | -1.68% | $28.63 | 99.1K | May 16, 2023 | Direct | F1 |
| transaction | MODN | Common Stock | Sale | -$213K | -7.29K | -7.36% | $29.15 | 91.8K | May 17, 2023 | Direct | F2 |
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).
| Id | Content |
|---|---|
| F1 | All shares reported as disposed of in this transaction were sold by the Reporting Person in order to pay the federal and state tax withholding obligations resulting from the vesting of the Reporting Person's Restricted Stock Units ("RSUs") and/or performance-based RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this transaction for any reason other than to cover required taxes. |
| F2 | This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022, as amended. |