MODEL N, INC. 4
4 · MODEL N, INC. · Filed Mar 1, 2017
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Rinat Zack
DirectorChairman & CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-02-27−33,333→ 0 total→ Common Stock (33,333 underlying) - Exercise/Conversion
Common Stock
2017-02-27+33,333→ 2,318,538 total
Holdings
- 36,310(indirect: By Trust)
Common Stock
- 1,666,666(indirect: By Trust)
Common Stock
- 666,666(indirect: By Trust)
Common Stock
- 26,907(indirect: By GADD, Inc.)
Common Stock
- 666,666(indirect: By Trust)
Common Stock
- 36,311(indirect: By Trust)
Common Stcok
Footnotes (4)
- [F1]Issued upon vesting of Restricted Stock Units ("RSUs").
- [F2]Includes an additional 72,667 and 34,666, and a net loss of 28,667 shares of common stock issued upon the vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on December 6, 2013 in connection with the achievement of 209%, 152% and 57%, respectively, of certain performance criteria related to the Reporting Person's PB-RSUs.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]50% of the RSUs vested on February 27, 2015; 25% of the RSUs vested on February 27, 2016; and the remaining 25% of the RSUs vested on February 27, 2017. Shares of the Issuer's common stock were delivered to the Reporting Person upon settlement of vested RSUs.