Daren Thayne - Jun 21, 2023 Form 4 Insider Report for DOMO, INC. (DOMO)

Signature
/s/ Kody Adams, attorney-in-fact
Stock symbol
DOMO
Transactions as of
Jun 21, 2023
Transactions value $
-$100,787
Form type
4
Date filed
6/22/2023, 05:33 PM
Previous filing
May 17, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOMO Class B Common Stock Sale -$101K -6.89K -1.7% $14.62 398K Jun 21, 2023 Direct F1, F2
holding DOMO Class B Common Stock 104K Jun 21, 2023 DAREN AND SHARISA THAYNE FAMILY, LLC
* 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 sales reported by the Reporting Person are intended to cover the taxable obligation due on restricted stock units that vested on June 20, 2023.
F2 The sale price reported in Column 4 of Table I represents the weighted average sale price of the shares sold in multiple transactions ranging from $14.62 to $14.80 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the ranges set forth herein.