Dave Michaud - 16 Aug 2021 Form 4 Insider Report for MODEL N, INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
18 Aug 2021, 17:56:06 UTC
Prior SEC filing
19 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Dave Michaud by Errol Hunter, Attorney-in-Fact

Key filing fact

Dave Michaud filed Form 4 for MODEL N, INC. on 18 Aug 2021.

Key facts

  • This page summarizes Dave Michaud's Form 4 filing for MODEL N, INC..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Aug 2021, 17:56.

Change

  • Previous filing in this sequence was filed on 19 May 2021.
  • Current net transaction value: -$37,199.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MODN transaction

Common Stock

Sale

Transaction value
$21,521
Shares
-663
Change %
-1.3%
Price
$32.46
Shares after
51,875
Date
16 Aug 2021
Ownership
Direct
Footnotes
F1
MODN transaction

Common Stock

Sale

Transaction value
$8,018
Shares
-247
Change %
-0.48%
Price
$32.46
Shares after
51,250
Date
16 Aug 2021
Ownership
Direct
Footnotes
F1, F2
MODN transaction

Common Stock

Sale

Transaction value
$7,661
Shares
-236
Change %
-0.46%
Price
$32.46
Shares after
51,014
Date
16 Aug 2021
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

All shares reported as disposed of in this transaction were sold by the Reporting Person in order to pay the federal and state tax withholding obligations resulting from the vesting of the Reporting Person's Restricted Stock Units ("RSUs") and/or performance-based RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this transaction for any reason other than to cover required taxes.

Footnote F2

Reflects a decrease of 378 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 64.9% of certain performance criteria related to PB-RSUs granted to the Reporting Person on March 9, 2020.

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