Joshua L. Glover - Oct 6, 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ April Rieger, Attorney-in-Fact for Joshua L. Glover
Stock symbol
NCNO
Transactions as of
Oct 6, 2023
Transactions value $
-$204,639
Form type
4
Date filed
10/10/2023, 04:04 PM
Previous filing
Sep 12, 2023
Next filing
Nov 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$205K -6.97K -1.8% $29.36 381K Oct 6, 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.