Filing Details

Accession Number:
0001118417-21-000133
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-18 19:51:58
Reporting Period:
2021-08-16
Accepted Time:
2021-08-18 19:51:58
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
1758567 Laura Selig C/O Model N, Inc.
777 Mariners Island Boulevard, Suite 300
San Mateo CA 94404
Svp, Chief People 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 Explanation
Common Stock Disposition 2021-08-16 559 $32.46 53,391 No 4 S Direct
Common Stock Disposition 2021-08-16 321 $32.46 53,070 No 4 S Direct
Common Stock Disposition 2021-08-16 220 $32.46 52,850 No 4 S Direct
Common Stock Disposition 2021-08-16 82 $32.46 52,642 No 4 S Direct
Common Stock Disposition 2021-08-16 225 $32.46 52,417 No 4 S Direct
Common Stock Disposition 2021-08-17 2,560 $32.64 49,857 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
Footnotes
  1. 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.
  2. Reflects a decrease of 126 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. This sale was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2021, as amended.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.55 to $32.82 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.