Jeanette Sellers - Jul 13, 2021 Form 4 Insider Report for NCINO, INC. (NCNO)

Role
VP of Accounting
Signature
/s/ Jeanette Sellers
Stock symbol
NCNO
Transactions as of
Jul 13, 2021
Transactions value $
-$455,426
Form type
4
Date filed
7/15/2021, 05:01 PM
Previous filing
Jun 10, 2021
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Options Exercise $14.9K +3K +48.1% $4.98* 9.24K Jul 13, 2021 Direct
transaction NCNO Common Stock Options Exercise $44.1K +3K +32.48% $14.71* 12.2K Jul 13, 2021 Direct
transaction NCNO Common Stock Sale -$514K -8.14K -66.55% $63.17* 4.09K Jul 13, 2021 Direct F1

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 -3K -100% $0.00* 0 Jul 13, 2021 Common Stock 3K $4.98 Direct F2
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -3K -50% $0.00 3K Jul 13, 2021 Common Stock 3K $14.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.90 to $63.625, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1).
F2 This option vested in four equal annual installments starting on May 1, 2018.
F3 This option vests in four equal annual installments starting on August 1, 2019, subject to the reporting person's continued employment through the applicable vesting date. This option fully vests and becomes exercisable upon a change in control of the Issuer.