Deepak Raghavan - Mar 9, 2023 Form 4 Insider Report for MANHATTAN ASSOCIATES INC (MANH)

Role: Director
Signature: /s/ David M. Eaton, as Attorney-in-Fact for Deepak Raghavan
Stock symbol: MANH
Transactions as of: Mar 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/13/2023, 05:00 PM
Previous filing: May 16, 2022
Next filing: May 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MANH	Common Stock	Other	-$534K	-3.74K	-11.19%	$142.70	29.7K	Mar 9, 2023	Direct	F1
transaction	MANH	Common Stock	Other	$534K	+3.74K		$142.70	3.74K	Mar 9, 2023	By grantor trust	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 9, 2023, the reporting person transferred 3,744 shares of common stock to a grantor trust established primarily for the benefit of his spouse and of which his spouse is the trustee. In exchange for the shares, the trust transferred assets to the reporting person with a value equal to the transferred shares. The transfer of shares to the trust resulted in a decrease in the number of shares the reporting person beneficially owns directly and a corresponding increase in the number of shares the reporting person beneficially owns indirectly through the trust. The reporting person believes that his transfer of shares to the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Content

On March 9, 2023, the reporting person transferred 3,744 shares of common stock to a grantor trust established primarily for the benefit of his spouse and of which his spouse is the trustee. In exchange for the shares, the trust transferred assets to the reporting person with a value equal to the transferred shares. The transfer of shares to the trust resulted in a decrease in the number of shares the reporting person beneficially owns directly and a corresponding increase in the number of shares the reporting person beneficially owns indirectly through the trust. The reporting person believes that his transfer of shares to the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.