Filing Details
- Accession Number:
- 0001118417-24-000071
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-21 21:23:53
- Reporting Period:
- 2024-02-16
- Accepted Time:
- 2024-02-21 21:23:53
- 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 | 2024-02-16 | 2,085 | $26.38 | 957,508 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-16 | 4,542 | $26.38 | 933,403 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-16 | 2,471 | $26.38 | 930,932 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-16 | 14,897 | $26.38 | 906,902 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-16 | 3,451 | $26.38 | 903,451 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-02-19 | 900 | $21.90 | 904,351 | No | 4 | A | 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 | A | 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 19,563 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 30.5% of certain performance criteria related to PB-RSUs granted to the Reporting Person on December 4, 2020.
- Reflects a decrease of 9,133 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 75.6% of certain performance criteria related to PB-RSUs granted to the Reporting Person on November 13, 2021.
- Acquired under the Model N 2021 Employee Stock Purchase Plan.
Billionaire Hedge Funds
