Jain Sujan 4
4 · MODEL N, INC. · Filed May 16, 2013
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Jain Sujan
SVP & CFO
Transactions
- Award
Restricted Stock Units
2013-05-15+25,000→ 25,000 total→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]50% of the restricted stock units ("RSUs") will vest on May 15, 2015, then 25% of the RSUs will vest on each yearly anniversary thereafter, 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.