Home > Insider Trading > Filing (0001140361-20-022923)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1566895	Ncino Inc.	NCNO	Services-Prepackaged Software (7372)	453806440

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1815194	Sean Desmond	6770 Parker Farm Drive, Suite 200 Wilmington NC 28405	Chief Customer Success Officer	No	No	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	2020-10-13	90,000	$1.29	90,000	No	4	M	Direct
Common Stock	Disposition	2020-10-13	90,000	$72.00	0	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	Acquisiton	2020-06-08	54,375	$0.00	54,375	$0.00
Common Stock	Stock Option (Right to Buy)	Disposition	2020-10-07	90,000	$0.00	90,000	$1.29

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
54,375		2027-06-08	No	4	A	Direct
7,480		2024-02-01	No	4	M	Direct

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer ("Share") or, in the Issuer's discretion, an amount of cash equal to the fair market value of the Shares represented by the RSUs on the payment date. These RSUs vest in four equal annual installments starting on August 1, 2020, subject to the reporting person's continued employment through the applicable vesting date, and provided that no RSUs can be settled until after the expiration of the lock-up period established in connection with the Issuer's initial public offering. These RSUs fully vest upon a change in control of the Issuer.
This transaction occurred prior to the Issuer's initial public offering and is being reported on Form 4 solely for purposes of compliance with Rule 16a-2(a) under the Securities Exchange Act of 1934, as amended. The securities covered by such transaction were previously included on the Reporting Person's Form 3.
This option vested in four equal annual installments starting on August 1, 2014.