Gregory Orenstein - Sep 7, 2021 Form 4 Insider Report for NCINO, INC. (NCNO)

Role
Chief Corp Dev & Strat Officer
Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Stock symbol
NCNO
Transactions as of
Sep 7, 2021
Transactions value $
-$1,855,037
Form type
4
Date filed
9/9/2021, 05:32 PM
Previous filing
Aug 4, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Options Exercise $132K +26.5K +63.76% $4.98* 68.1K Sep 7, 2021 Direct
transaction NCNO Common Stock Sale -$656K -8.82K -12.96% $74.32* 59.2K Sep 7, 2021 Direct F1, F2
transaction NCNO Common Stock Sale -$1.24M -16.4K -27.72% $75.26* 42.8K Sep 7, 2021 Direct F1, F3
transaction NCNO Common Stock Sale -$95.8K -1.26K -2.94% $75.99* 41.6K Sep 7, 2021 Direct F1, F4

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 -26.5K -34.64% $0.00 50K Sep 7, 2021 Common Stock 26.5K $4.98 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer ("Shares") were sold in multiple transactions at prices ranging from $73.75 to $74.72, 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 (2).
F3 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer ("Shares") were sold in multiple transactions at prices ranging from $74.75 to $75.74, 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 (3).
F4 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer ("Shares") were sold in multiple transactions at prices ranging from $75.75 to $76.23, 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 (4).
F5 This option vests in four equal annual installments starting on February 1, 2018, 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.