4//SEC Filing
Rudow David 4
Accession 0001567619-21-019282
CIK 0001566895other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 5:04 PM ET
Size
9.1 KB
Accession
0001567619-21-019282
Insider Transaction Report
Form 4
NCINO, INC.NCNO
Rudow David
CFO & Treasurer
Transactions
- Sale
Common Stock
2021-11-02$75.46/sh−11,169$842,813→ 50,132 total - Exercise/Conversion
Common Stock
2021-11-01+25,000→ 61,301 total - Exercise/Conversion
Restricted Stock Units
2021-11-01−25,000→ 50,000 totalExp: 2026-11-01→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer ("Share") or, in the Issuer's discretion, an amount of cash equal to the fair market value of the Shares represented by the RSUs on the payment date. These RSUs vest in four equal annual installments starting on November 1, 2020, subject to the reporting person's continued employment through the applicable vesting date, and provided that no RSUs can be settled until after the expiration of the lock-up period established in connection with the Issuer's initial public offering. These RSUs fully vest upon a change in control of the Issuer.
- [F2]These sales were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the Reporting Person.
Documents
Issuer
NCINO, INC.
CIK 0001566895
Entity typeother
Related Parties
1- filerCIK 0001814794
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 5:04 PM ET
- Size
- 9.1 KB