Mellott Russell 4
4 · MODEL N, INC. · Filed Feb 22, 2019
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Mellott Russell
SVP and Chief Revenue Officer
Transactions
- Sale
Common Stock
2019-02-22$17.06/sh−24,518$418,277→ 203,985 total
Footnotes (2)
- [F1]All 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 from the vesting of the Reporting Person's Performance-Based Restricted Stock Units ("PB-RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F2]Includes an additional 39,955 shares of common stock issued upon vesting of Performance-Based RSUs ("PB-RSUs") granted to the Reporting Person on February 22, 2017 in connection with the achievement of 228% of certain performance criteria related to the Reporting Person's PB-RSUs.