Michaud Dave 4
4 · MODEL N, INC. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Michaud Dave
SVP & Chief Marketing Officer
Transactions
- Sale
Common Stock
2021-02-16$41.79/sh−737$30,799→ 54,629 total - Sale
Common Stock
2021-02-16$41.79/sh−289$12,077→ 53,962 total - Sale
Common Stock
2021-02-16$41.79/sh−273$11,409→ 53,689 total
Footnotes (2)
- [F1]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.
- [F2]Reflects a decrease of 378 shares of unvested Performance-Based RSUs ("PB-RSUs") that were cancelled due to the achievement of 64.9% of certain performance criteria related to PB-RSUs granted to the Reporting Person on March 09, 2020.