4//SEC Filing
Michaud Dave 4
Accession 0001118417-20-000048
CIK 0001118417other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 9:46 PM ET
Size
337.0 KB
Accession
0001118417-20-000048
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Michaud Dave
SVP & Chief Marketing Officer
Transactions
- Award
Common Stock
2020-03-09+29,953→ 29,953 total - Award
Common Stock
2020-03-09+12,837→ 42,790 total
Footnotes (2)
- [F1]Issuable upon the vesting of Restricted Stock Units ("RSUs"). 25% of the RSUs will vest on the first annual anniversary of the vesting commencement date and 6.25% will vest thereafter on each quarterly anniversary of the vesting commencement date until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
- [F2]Issuable upon the vesting and satisfaction of certain performance criteria of Performance-Based Restricted Stock Units ("PB-RSUs"). Subject to the achievement of certain minimum performance criteria based upon operating metrics, between a minimum of 50% and a maximum of 150%, the PB-RSUs will vest as to 33% on the first annual anniversary of the vesting commencement date and 8.375% thereafter on each quarterly anniversary of the vesting commencement date until such time as the PB-RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting if the performance criteria have been met.
Issuer
MODEL N, INC.
CIK 0001118417
Entity typeother
Related Parties
1- filerCIK 0001794014
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 9:46 PM ET
- Size
- 337.0 KB