Jonathan J. Doyle - 07 Jan 2022 Form 4 Insider Report for nCino, Inc. (NCNO)

Reporting relationship: Director
Issuer ticker: NCNO
Reported as of: 07 Jan 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Jan 2022, 15:26:12 UTC
Prior SEC filing: 16 Sep 2021
Next SEC filing: 17 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Jeanette Sellers as Attorney-in-Fact for Jonathan J. Doyle

Filing notes and source

Key filing fact

Jonathan J. Doyle filed Form 4 for nCino, Inc. (NCNO) on 11 Jan 2022.

Key facts

This page summarizes Jonathan J. Doyle's Form 4 filing for nCino, Inc. (NCNO).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 11 Jan 2022, 15:26.

Change

Previous filing in this sequence was filed on 16 Sep 2021.
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.

NCNO transaction

Common Stock

Award

Transaction value
Shares: +40,000
Change %
Price
Shares after: 40,000
Date: 07 Jan 2022
Ownership: Direct
Footnotes: F1, F2, F3

NCNO transaction

Common Stock

Award

Transaction value
Shares: +12,688
Change %: +32%
Price
Shares after: 52,688
Date: 07 Jan 2022
Ownership: Direct
Footnotes: F1, F2, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated November 16, 2021 (the "Merger Agreement"), by and among nCino, Inc., a Delaware corporation ("old nCino"), Penny HoldCo, Inc., a Delaware corporation and, at the time, a wholly owned subsidiary of old nCino (the "Issuer"), SimpleNexus, LLC, a Utah limited liability company (the "SimpleNexus"), and certain other parties, effective January 7, 2022, among other things: (i) old nCino merged with a merger sub and survived such merger as a wholly owned subsidiary of the Issuer (the "nCino Merger"); (ii) certain blocker merger sub entities merged with and into the respective corresponding blocker entity, with each of the respective blocker entities surviving as a wholly owned subsidiary of the Issuer; (iii) SimpleNexus merged with a separate merger sub and survived such merger as a wholly owned indirect subsidiary of the Issuer (the mergers contemplated in clauses (i) - (iii) hereof, collectively, the "Mergers").

Footnote F2

Upon completion of the Mergers, the Issuer changed its name to nCino, Inc.

Footnote F3

Pursuant to the Merger Agreement, at the effective time of the nCino Merger (the "Effective Time"), each share of old nCino common stock, par value $0.0005 per share, ("Old nCino Shares") converted automatically into one share of common stock, par value $0.0005 per share, of the Issuer ("Shares"). As of January 7, 2022, the closing market price of the old nCino Shares was $50.82.

Footnote F4

Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit granted by Old nCino ("Old nCino RSU") converted automatically into a restricted stock unit of the Issuer on substantially the same terms and conditions (including vesting and delivery schedule) as applied to such Old nCino RSU immediately prior to the Effective Time.