4//SEC Filing
MODEL N, INC. 4
Accession 0001209191-14-069822
CIK 0001118417operating
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 8:50 PM ET
Size
9.5 KB
Accession
0001209191-14-069822
Insider Transaction Report
Form 4
MODEL N, INC.MODN
LARSEN CHRISTOPHER
SVP and Chief Sales Officer
Transactions
- Sale
Common Stock
2014-11-18$10.19/sh−8,506$86,676→ 18,034 total - Exercise/Conversion
Common Stock
2014-11-15+26,540→ 26,540 total - Exercise/Conversion
Restricted Stock Units
2014-11-15−26,540→ 79,617 total→ Common Stock (26,540 underlying)
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 25, 2013.
- [F2]All of the 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 for the vesting of the Reporting Person's RSUs. The Reporting Person did not sell or otherwise dispose of any shares reported in this Form 4 for any reason other than to cover required taxes.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]25% of the RSUs granted to the Reporting Person on November 25, 2013 vest on each of November 15, 2014, November 15, 2015, November 15, 2016 and November 15, 2017, subject to the Reporting Person's continuing service with the company through the applicable vesting dates.
Documents
Issuer
MODEL N, INC.
CIK 0001118417
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001118417
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 8:50 PM ET
- Size
- 9.5 KB