Gregory Orenstein - 06 Feb 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Issuer symbol
NCNO
Transactions as of
06 Feb 2024
Net transactions value
-$49,969
Form type
4
Filing time
08 Feb 2024, 16:07:40 UTC
Previous filing
06 Feb 2024
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale $49,969 -1,612 -0.74% $31.00 217,400 06 Feb 2024 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.