Filing Details

Accession Number:
0001140361-21-001124
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-13 21:44:39
Reporting Period:
2021-01-11
Accepted Time:
2021-01-13 21:44:39
SEC Url:
Form 4 Filing
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
1814524 Spencer Lake 6770 Parker Farm Drive, Suite 300
Wilmington NC 28405
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 Disposition 2021-01-11 2,500 $0.00 2,500 No 4 M Direct
Common Stock Disposition 2021-01-12 875 $70.62 1,625 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 2021-01-11 2,500 $0.00 2,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-06-08 No 4 M Direct
Footnotes
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one 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 vested in full upon the effectiveness of the Securities Act registration statement for the Shares, 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.
  2. These sales were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the Reporting Person.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging between $70.61 to $70.62. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3).