Filing Details
- Accession Number:
- 0001209191-14-054902
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-29 06:01:41
- Reporting Period:
- 2014-08-27
- Filing Date:
- 2014-08-29
- Accepted Time:
- 2014-08-29 06:01:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1118417 | Model N Inc. | MODN | Services-Computer Programming, Data Processing, Etc. (7370) | 770528806 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1570657 | Michael Laroche | C/O Model N, Inc. 1600 Seaport Boulevard, Suite 400 Redwood City CA 94063 | Svp, Global Cust. Svcs & Suppt | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-08-27 | 5,000 | $0.00 | 10,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-08-27 | 1,898 | $9.33 | 8,102 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2014-08-27 | 5,000 | $0.00 | 5,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,000 | No | 4 | M | Direct |
Footnotes
- Vesting of RSUs granted to the Reporting Person on September 28, 2012.
- All of the shares reported as disposed of in this Form 4 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 RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- 25% of the restricted stock units ("RSUs") vest on August 27, 2013, then 25% of the RSUs vest on each yearly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement of vested RSUs.
Billionaire Hedge Funds
