Gregory Orenstein - 02 Aug 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
CFO & Treasurer
Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Issuer symbol
NCNO
Transactions as of
02 Aug 2023
Net transactions value
-$123,931
Form type
4
Filing time
04 Aug 2023, 17:27:45 UTC
Previous filing
13 Jun 2023
Next filing
06 Feb 2024
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 $63,554 -2,074 -0.92% $30.64 224,567 02 Aug 2023 Direct F1
transaction NCNO Common Stock Sale $60,378 -2,038 -0.91% $29.63 222,529 03 Aug 2023 Direct F1
* 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.