MODEL N, INC. 4
4 · MODEL N, INC. · Filed Feb 10, 2017
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Rinat Zack
DirectorChairman & CEO
Transactions
- Purchase
Common Stock
2017-02-10$10.09/sh+2,905$29,311→ 26,907 total(indirect: By GADD, Inc.)
Holdings
- 2,285,205
Common Stock
- 666,666(indirect: By Trust)
Common Stock
- 666,666(indirect: By Trust)
Common Stock
- 1,666,666(indirect: By Trust)
Common Stock
- 36,310(indirect: By Trust)
Common Stock
- 36,311(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Includes an additional 72,667 and 34,666, and a net loss of 28,667 shares of common stock issued upon the vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on December 6, 2013 in connection with the achievement of 209%, 152% and 57%, respectively, of certain performance criteria related to the Reporting Person's PB-RSUs.
- [F2]Represents a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $9.85 to $10.10. The reporting person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F3]Mr. Rinat is the sole director and Chief Executive Officer of GADD, Inc. ("GADD"). Mr. Rinat and Orli Rinat are trustees of the Rinat Family 2006 Trust Dated December 13, 2006 (the "Trust"). The Trust is the sole shareholder of GADD. Accordingly, Mr. Rinat may be deemed the beneficial owner of all shares held by the Trust and GADD.