Joshua L. Glover - 04 Aug 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
President & Chief Rev Officer
Signature
/s/ Jeanette Sellers, Attorney-in-Fact for Joshua L. Glover
Issuer symbol
NCNO
Transactions as of
04 Aug 2023
Transactions value $
-$208,517
Form type
4
Filing time
08 Aug 2023, 16:04:22 UTC
Previous filing
04 Aug 2023
Next filing
12 Sep 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 -$209K -6.94K -1.74% $30.05 393K 04 Aug 2023 Direct F1
* 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 3, 2023.