4//SEC Filing
MODEL N, INC. 4
Accession 0000899243-15-008316
CIK 0001118417operating
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 9:14 PM ET
Size
9.5 KB
Accession
0000899243-15-008316
Insider Transaction Report
Form 4
MODEL N, INC.MODN
LARSEN CHRISTOPHER
SVP and Chief Sales Officer
Transactions
- Exercise/Conversion
Common Stock
2015-11-15+26,539→ 95,023 total - Exercise/Conversion
Restricted Stock Units
2015-11-15−26,539→ 53,078 total→ Common Stock (26,539 underlying) - Sale
Common Stock
2015-11-17$10.43/sh−8,506$88,718→ 86,517 total
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 25, 2013.
- [F2]All of the 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 for the vesting of the Reporting Person's RSUs. The Reporting Person did not sell or otherwise dispose of any shares reported in this Form 4 for any reason other than to cover required taxes.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]25% of the RSUs granted to the Reporting Person on November 25, 2013 vest on each of November 15, 2014, November 15, 2015, November 15, 2016 and November 15, 2017, subject to the Reporting Person's continuing service with the company through the applicable vesting dates.
Documents
Issuer
MODEL N, INC.
CIK 0001118417
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001118417
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 9:14 PM ET
- Size
- 9.5 KB