Gregory Orenstein - Aug 26, 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Stock symbol
NCNO
Transactions as of
Aug 26, 2024
Transactions value $
-$16,601
Form type
4
Date filed
8/28/2024, 04:31 PM
Previous filing
Aug 26, 2024
Next filing
Oct 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Options Exercise $2.75K +553 +0.2% $4.98 277K Aug 26, 2024 Direct F1
transaction NCNO Common Stock Sale -$19.4K -553 -0.2% $35.00 277K Aug 26, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCNO Stock Options (Right to Buy) Options Exercise $0 -553 -11.32% $0.00 4.33K Aug 26, 2024 Common Stock 553 $4.98 Direct F1, F2
* 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 exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 16, 2024.
F2 This option is currently exercisable.