John T. Hall - Aug 19, 2024 Form 4 Insider Report for Intapp, Inc. (INTA)

Signature
/s/ Brian Grube, Attorney-in-Fact
Stock symbol
INTA
Transactions as of
Aug 19, 2024
Transactions value $
-$2,017,797
Form type
4
Date filed
8/21/2024, 04:15 PM
Previous filing
Jun 12, 2024
Next filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTA Common Stock Award $0 +101K +1.98% $0.00 5.18M Aug 19, 2024 Direct F1
transaction INTA Common Stock Sale -$16.6K -396 -0.01% $41.93 5.18M Aug 19, 2024 Direct F2, F3
transaction INTA Common Stock Sale -$1.41M -33.1K -0.64% $42.64 5.14M Aug 19, 2024 Direct F2, F3
transaction INTA Common Stock Sale -$590K -13.6K -0.26% $43.32 5.13M Aug 19, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INTA Restricted Share Units Award $0 +103K $0.00 103K Aug 19, 2024 Common Stock 103K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The shares of Intapp, Inc.'s (the "Issuer") common stock reported in this Form 4 represent shares earned, as certified by the audit committee of the board of directors of the Issuer on August 19, 2024, based on the level of achievement of the applicable performance conditions over the applicable performance period, in respect of performance share units granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan. The earned shares of Issuer common stock reported in this Form 4 are subject to service-based vesting requirements that lapsed on August 20, 2024.
F2 The sale of shares of common stock of Intapp, Inc. was executed pursuant to a 10b5-1 plan put in place by the Reporting Person on March 8, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $41.9349: $41.93 to $41.97, inclusive, (b) with respect to the weighted average price of $42.635: $42.00 to $42.99, inclusive, and (c) with respect to the weighted average price of $43.3169: $43.00 to $43.59, inclusive. The reporting person undertakes to provide to Intapp, Inc., any security holder of Intapp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
F4 The reported transaction involved the reporting person's receipt of a grant of restricted share units ("RSUs") under the Intapp, Inc. 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of Intapp, Inc. common stock.
F5 The RSUs vest, subject to continued employment, as to 8.33% of the shares on November 20, 2024, and in 11 equal quarterly installments thereafter.