David Rudow - 09 Jun 2022 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
CFO & Treasurer
Signature
/s/ Jeanette Sellers, Attorney-in-Fact for David Rudow
Issuer symbol
NCNO
Transactions as of
09 Jun 2022
Net transactions value
-$890,061
Form type
4
Filing time
13 Jun 2022, 17:24:35 UTC
Previous filing
08 Apr 2022
Next filing
08 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale $239,231 -6,924 -3.5% $34.55 191,461 09 Jun 2022 Direct F1
transaction NCNO Common Stock Sale $650,830 -18,500 -9.7% $35.18 172,961 09 Jun 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.