John Ederer - 16 Feb 2024 Form 4 Insider Report for MODEL N, INC.

Reporting relationship: Chief Financial Officer
Issuer ticker: N/A
Reported as of: 16 Feb 2024
Net transaction value: -$217,398
SEC form: 4
Accepted by SEC: 21 Feb 2024, 21:24:25 UTC
Prior SEC filing: 22 Dec 2023
Next SEC filing: 15 Mar 2024
Source filing: View source filing
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 21 Feb 2024.

Key facts

This page summarizes John Ederer's Form 4 filing for MODEL N, INC..
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Feb 2024, 21:24.

Change

Previous filing in this sequence was filed on 22 Dec 2023.
Current net transaction value: -$217,398.

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

Sale

Transaction value: $35,798
Shares: -1,357
Change %: -0.4%
Price: $26.38
Shares after: 334,467
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

MODN transaction

Common Stock

Sale

Transaction value: $53,578
Shares: -2,031
Change %: -0.63%
Price: $26.38
Shares after: 322,086
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1, F2

MODN transaction

Common Stock

Sale

Transaction value: $17,938
Shares: -680
Change %: -0.21%
Price: $26.38
Shares after: 321,406
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

MODN transaction

Common Stock

Sale

Transaction value: $73,046
Shares: -2,769
Change %: -0.87%
Price: $26.38
Shares after: 316,549
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1, F3

MODN transaction

Common Stock

Sale

Transaction value: $37,038
Shares: -1,404
Change %: -0.44%
Price: $26.38
Shares after: 315,145
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

Reflects a decrease of 10,350 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 30.5% of certain performance criteria related to PB-RSUs granted to the Reporting Person on December 4, 2020.

Footnote F3

Reflects a decrease of 2,088 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 75.6% of certain performance criteria related to PB-RSUs granted to the Reporting Person on November 13, 2021.