Timothy M. Adams - 11 Nov 2022 Form 4 Insider Report for MODEL N, INC. (MODN)

Role
Director
Signature
/s/ Tim Adams by Errol Hunter, Attorney-in-Fact
Issuer symbol
MODN
Transactions as of
11 Nov 2022
Net transactions value
-$469,047
Form type
4
Filing time
15 Nov 2022, 20:01:58 UTC
Previous filing
11 May 2022
Next filing
25 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODN Common Stock Sale $469,047 -11,794 -30% $39.77 28,054 11 Nov 2022 Direct F1
transaction MODN Common Stock Gift $0 -1,000 -3.6% $0.000000 27,054 14 Nov 2022 Direct F2
transaction MODN Common Stock Gift $0 +1,000 $0.000000 1,000 14 Nov 2022 The Christine and Tim Adams Charitable Fund
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $39.70 to $40.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 All of the shares reported as disposed of in this transaction were donated to a charitable organization as a bona fide gift.