MODEL N, INC. 4
4 · MODEL N, INC. · Filed Sep 16, 2013
Insider Transaction Report
Form 4
MODEL N, INC.MODN
LaRoche Michael
SVP, GLOBAL CUST. SVCS & SUPPT
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-09-13−5,000→ 15,000 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2013-09-13+5,000→ 5,000 total
Footnotes (3)
- [F1]Vesting of RSUs granted to the Reporting Person on September 28, 2012.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]25% of the restricted stock units ("RSUs") vest on August 27, 2013, then 25% of the RSUs 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 settlement of vested RSUs.