Gregory Orenstein - Apr 2, 2025 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
CFO & Treasurer
Signature
/s/ Jeanette Sellers, Attorney-in-fact for Gregory Orenstein
Stock symbol
NCNO
Transactions as of
Apr 2, 2025
Transactions value $
-$74,966
Form type
4
Date filed
4/4/2025, 04:12 PM
Previous filing
Feb 6, 2025
Next filing
Apr 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$252K -12.1K -4.45% $20.86 260K Apr 2, 2025 Direct F1
transaction NCNO Common Stock Options Exercise $177K +72.4K +27.9% $2.45 332K Apr 3, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCNO Stock Options (Right to Buy) Options Exercise $0 -72.4K -100% $0.00 0 Apr 3, 2025 Common Stock 72.4K $2.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares 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.
F2 This option is currently exercisable.