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
  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 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.
  3. 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.
  4. Acquired under the Model N 2021 Employee Stock Purchase Plan.