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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
1706672	David Barter	C/O Model N, Inc. 777 Mariners Island Boulevard, Suite 300 San Mateo CA 94404	Svp, Chief Financial 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	2020-05-18	9,948	$32.55	211,032	No	4	S	Direct
Common Stock	Disposition	2020-05-18	442	$32.55	210,590	No	4	S	Direct
Common Stock	Disposition	2020-05-18	1,080	$32.55	209,510	No	4	S	Direct
Common Stock	Disposition	2020-05-18	621	$32.55	208,889	No	4	S	Direct
Common Stock	Disposition	2020-05-18	936	$32.55	207,953	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

Footnotes

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.
Includes an additional 22,717 and 7,024 shares of common stock issued upon vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on May 22, 2017 and March 10, 2018 in connection with the achievement of 250% and 200%, respectively, of certain performance criteria related to the Reporting Person's PB-RSUs.