Filing Details
- Accession Number:
- 0001140361-21-001128
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-01-13 21:45:37
- Reporting Period:
- 2021-01-11
- Accepted Time:
- 2021-01-13 21:45:37
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2021-01-11 | 12,500 | $0.00 | 12,500 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-01-11 | 58,563 | $1.29 | 71,063 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-01-12 | 64,331 | $70.03 | 6,732 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | 12,500 | $0.00 | 12,500 | $0.00 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-01-12 | 7,480 | $0.00 | 7,480 | $1.29 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-01-12 | 51,083 | $0.00 | 51,083 | $1.29 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 37,500 | 2026-08-15 | No | 4 | M | Direct | |
| 0 | 2024-02-01 | No | 4 | M | Direct | |
| 26,436 | 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.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $70.00 to $70.34, inclusive. 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 (2).
- Certain of these shares 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.
- This option vested in four equal annual installments starting on August 1, 2014.
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