Rehmann Rayani - May 16, 2024 Form 4 Insider Report for MODEL N, INC. (MODN)

Signature
/s/ Rehmann Rayani by Errol Hunter, Attorney-in-Fact
Stock symbol
MODN
Transactions as of
May 16, 2024
Transactions value $
-$219,463
Form type
4
Date filed
5/17/2024, 08:19 PM
Previous filing
Feb 21, 2024
Next filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODN Common Stock Sale -$14.5K -487 -0.36% $29.79 136K May 16, 2024 Direct F1
transaction MODN Common Stock Sale -$18.5K -622 -0.46% $29.79 136K May 16, 2024 Direct F1
transaction MODN Common Stock Sale -$29.9K -1.01K -0.74% $29.79 135K May 16, 2024 Direct F1
transaction MODN Common Stock Sale -$156K -5.25K -3.9% $29.79 130K May 16, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.