| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NCNO | Common Stock | Sale | $28,142 | -1,170 | -4% | $24.05 | 28,291 | 09 Jun 2023 | Direct | F1 |
| transaction | NCNO | Common Stock | Sale | $66,885 | -2,765 | -9.8% | $24.19 | 25,526 | 12 Jun 2023 | Direct | F2 |
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).
| 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 | These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 27, 2022. |
Exhibit List: Exhibit 24 - Power of Attorney