Filing Details

Accession Number:
0001118417-21-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-17 21:04:08
Reporting Period:
2021-02-16
Accepted Time:
2021-02-17 21:04:08
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
1499092 Jason Blessing C/O Model N, Inc.
777 Mariners Island Boulevard, Suite 300
San Mateo CA 94404
Chief Executive Officer Yes 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 Disposition 2021-02-16 2,700 $41.79 501,137 No 4 S Direct
Common Stock Disposition 2021-02-16 1,453 $41.79 499,684 No 4 S Direct
Common Stock Disposition 2021-02-16 1,947 $41.79 497,737 No 4 S Direct
Common Stock Disposition 2021-02-16 1,416 $41.79 496,321 No 4 S Direct
Common Stock Disposition 2021-02-16 1,516 $41.79 492,927 No 4 S Direct
Common Stock Disposition 2021-02-16 1,791 $41.79 491,136 No 4 S Direct
Common Stock Disposition 2021-02-17 62,054 $40.80 487,724 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. All 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 Restricted Stock Units ("RSUs") and performance-based 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.
  2. Reflects a decrease of 1,878 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 64.9% of certain performance criteria related to PB-RSUs granted to the Reporting Person on November 22, 2019.
  3. Includes an additional 58,642 shares of common stock issued upon vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on June 07, 2018 in connection with the achievement of 197% of certain performance criteria related to the Reporting Person's PB-RSUs.