Lyon Christopher 4
4 · MODEL N, INC. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Lyon Christopher
SVP & Chief Revenue Officer
Transactions
- Sale
Common Stock
2024-02-16$26.38/sh−3,698$97,553→ 239,342 total - Sale
Common Stock
2024-02-16$26.38/sh−629$16,593→ 251,918 total - Sale
Common Stock
2024-02-16$26.38/sh−1,022$26,960→ 246,591 total - Sale
Common Stock
2024-02-16$26.38/sh−1,497$39,491→ 237,845 total - Sale
Common Stock
2024-02-16$26.38/sh−1,016$26,802→ 245,575 total
Holdings
- 30,473(indirect: By Trust)
Common Stock
Footnotes (3)
- [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 2,535 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.