Matthew Royce Hansen - Jul 18, 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers, Attorney-in-fact for Matthew Royce Hansen
Stock symbol
NCNO
Transactions as of
Jul 18, 2023
Transactions value $
-$3,277,792
Form type
4
Date filed
7/20/2023, 04:34 PM
Previous filing
Jul 18, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$1.35M -42.9K -3.38% $31.53 1.23M Jul 18, 2023 By 1400 MH Gift LLC F1, F2, F3
transaction NCNO Common Stock Sale -$1.93M -61.8K -5.05% $31.14 1.16M Jul 19, 2023 By 1400 MH Gift LLC F1, F3, F4
holding NCNO Common Stock 241K Jul 18, 2023 Direct
holding NCNO Common Stock 407K Jul 18, 2023 By 1400 TH Gift LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 14, 2023.
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 $31.06 to $31.765, 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 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.
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 $30.78 to $31.77, 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).