Sean Desmond - Apr 6, 2022 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
Chief Customer Success Officer
Signature
/s/ Jeanette Sellers, Attorney-in-fact for Sean Desmond
Stock symbol
NCNO
Transactions as of
Apr 6, 2022
Transactions value $
-$15,126
Form type
4
Date filed
4/8/2022, 06:51 PM
Previous filing
Feb 3, 2022
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$72.6K -1.66K -0.9% $43.63 184K Apr 6, 2022 Direct F1
transaction NCNO Common Stock Options Exercise $57.4K +44.5K +24.23% $1.29* 228K Apr 7, 2022 Direct

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 NCNO Stock Option (Right to Buy) Options Exercise $0 -44.5K -100% $0.00* 0 Apr 7, 2022 Common Stock 44.5K $1.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
F2 This option is currently exercisable.