Matthew Royce Hansen - 10 Jan 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
Chief Product Officer
Signature
/s/ Jeanette Sellers as Attorney-in-Fact for Matthew Hansen
Issuer symbol
NCNO
Transactions as of
10 Jan 2023
Net transactions value
-$160,478
Form type
4
Filing time
12 Jan 2023, 16:10:54 UTC
Previous filing
14 Sep 2022
Next filing
03 May 2023
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 $160,478 -6,134 -4% $26.16 148,425 10 Jan 2023 Direct F1
holding NCNO Common Stock 406,892 10 Jan 2023 By 1400 TH Gift LLC F2
holding NCNO Common Stock 1,425,091 10 Jan 2023 By 1400 MH Gift LLC 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 reporting person serves as sole manager of each of 1400 TH Gift LLC and 1400 MH Gift LLC. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.