Kannan Suresh 4
4 · MODEL N, INC. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Kannan Suresh
SVP & Chief Product Officer
Transactions
- Sale
Common Stock
2024-02-16$26.38/sh−678$17,886→ 271,876 total - Sale
Common Stock
2024-02-16$26.38/sh−1,356$35,771→ 258,705 total - Award
Common Stock
2024-02-19$21.90/sh+900$19,710→ 259,605 total - Sale
Common Stock
2024-02-16$26.38/sh−1,101$29,044→ 266,470 total - Sale
Common Stock
2024-02-16$26.38/sh−913$24,085→ 265,557 total - Sale
Common Stock
2024-02-16$26.38/sh−3,408$89,903→ 260,061 total
Footnotes (4)
- [F1]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.
- [F2]Reflects a decrease of 4,305 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.
- [F3]Reflects a decrease of 2,088 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.
- [F4]Acquired under the Model N 2021 Employee Stock Purchase Plan.