Home > Insider Trading > Filing (0001118417-21-000127)

Filing Details

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
1773390	Christopher Lyon	C/O Model N, Inc. 777 Mariners Island Blvd, Suite 300 San Mateo CA 94404	Svp & Chief Revenue Officer	No	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
Common Stock	Disposition	2021-08-16	962	$32.46	93,665	No	4	S	Direct
Common Stock	Disposition	2021-08-16	552	$32.46	93,113	No	4	S	Direct
Common Stock	Disposition	2021-08-16	487	$32.46	92,626	No	4	S	Direct
Common Stock	Disposition	2021-08-16	182	$32.46	92,131	No	4	S	Direct
Common Stock	Disposition	2021-08-16	364	$32.46	91,767	No	4	S	Direct
Common Stock	Disposition	2021-08-16	4,777	$32.46	86,990	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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

All shares reported as disposed of in this transaction 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/or performance-based RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this transaction for any reason other than to cover required taxes.
Reflects a decrease of 313 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.
This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2020.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.14 to $32.68 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 this footnote.