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

Role: CTO & EVP Engineering
Signature: /s/ Kody Adams, attorney-in-fact
Issuer symbol: DOMO
Transactions as of: 21 Jun 2023
Net transactions value: -$100,787
Form type: 4
Filing time: 22 Jun 2023, 17:33:32 UTC
Previous filing: 17 May 2023
Next filing: 22 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOMO	Class B Common Stock	Sale	$100,787	-6,892	-1.7%	$14.62	397,907	21 Jun 2023	Direct	F1, F2
holding	DOMO	Class B Common Stock						103,552	21 Jun 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.

Content

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.

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.