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

Role
Chief Product Officer
Signature
/s/ Jeanette Sellers as Attorney-in-Fact for Matthew Hansen
Stock symbol
NCNO
Transactions as of
Jan 10, 2023
Transactions value $
-$160,478
Form type
4
Date filed
1/12/2023, 04:10 PM
Previous filing
Sep 14, 2022
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$160K -6.13K -3.97% $26.16 148K Jan 10, 2023 Direct F1
holding NCNO Common Stock 407K Jan 10, 2023 By 1400 TH Gift LLC F2
holding NCNO Common Stock 1.43M Jan 10, 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.