Filing Details

Accession Number:
0000899243-17-003653
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-10 20:28:37
Reporting Period:
2017-02-10
Filing Date:
2017-02-10
Accepted Time:
2017-02-10 20:28:37
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
1571039 Zack Rinat C/O Model N, Inc.
1600 Seaport Boulevard, Ste 400
Redwood City CA 94063
Ceo And Executive Chairman Yes Yes Yes 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 2017-02-10 2,905 $10.09 26,907 No 4 P Indirect By GADD, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By GADD, Inc.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,285,205 Direct
Common Stock 666,666 Indirect By the Danielle Rinat Family Heritage Trust dated December 12, 2005
Common Stock 666,666 Indirect By the Gahl Rinat Family Heritage Trust Dated December 12, 2005
Common Stock 36,310 Indirect By the Gahl Rinat Trust
Common Stock 36,311 Indirect By the Danielle Rinat Trust
Common Stock 1,666,666 Indirect By the Rinat Family 2006 Trust Dated December 13, 2006
Footnotes
  1. Includes an additional 72,667 and 34,666, and a net loss of 28,667 shares of common stock issued upon the vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on December 6, 2013 in connection with the achievement of 209%, 152% and 57%, respectively, of certain performance criteria related to the Reporting Person's PB-RSUs.
  2. Represents a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $9.85 to $10.10. The reporting person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
  3. Mr. Rinat is the sole director and Chief Executive Officer of GADD, Inc. ("GADD"). Mr. Rinat and Orli Rinat are trustees of the Rinat Family 2006 Trust Dated December 13, 2006 (the "Trust"). The Trust is the sole shareholder of GADD. Accordingly, Mr. Rinat may be deemed the beneficial owner of all shares held by the Trust and GADD.