April Rieger - 16 Jan 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers, Attorney-in-Fact for April Rieger
Issuer symbol
NCNO
Transactions as of
16 Jan 2024
Net transactions value
-$346,900
Form type
4
Filing time
18 Jan 2024, 16:04:01 UTC
Previous filing
06 Nov 2023
Next filing
06 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale $346,900 -10,000 -6.2% $34.69 152,056 16 Jan 2024 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 October 13, 2023.