John Ederer - 22 Nov 2023 Form 4 Insider Report for MODEL N, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Dec 2023, 20:02:55 UTC
Prior SEC filing
17 Nov 2023
Next SEC filing
21 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Ederer by Errol Hunter, Attorney-In-Fact

Key filing fact

John Ederer filed Form 4 for MODEL N, INC. on 22 Dec 2023.

Key facts

  • This page summarizes John Ederer's Form 4 filing for MODEL N, INC..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Dec 2023, 20:02.

Change

  • Previous filing in this sequence was filed on 17 Nov 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MODN transaction

Common Stock

Award

Transaction value
$0
Shares
+108,663
Change %
+70%
Price
$0.000000
Shares after
263,382
Date
22 Nov 2023
Ownership
Direct
Footnotes
F1
MODN transaction

Common Stock

Award

Transaction value
$0
Shares
+72,442
Change %
+28%
Price
$0.000000
Shares after
335,824
Date
22 Nov 2023
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Issuable upon the vesting of Restricted Stock Units ("RSUs"). 16.67% of the RSUs will vest on the six-month anniversary of the vesting commencement date and 8.33% vesting thereafter on each quarterly anniversary of the vesting commencement date until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.

Footnote F2

Issuable upon vesting and satisfaction of certain performance criteria of Performance-Based Restricted Stock Units ("PB-RSUs"). Subject to the achievement of certain minimum performance criteria based upon annual recurring revenue, between a minimum of 0% and a maximum of 200%, the PB-RSUs will vest as to 33% on the first annual anniversary of the vesting commencement date and 8.375% vesting thereafter on each quarterly anniversary of the vesting commencement date until such time as the PB-RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting if the performance criteria have been met.

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