Reese Scott 4
4 · MODEL N, INC. · Filed May 19, 2020
Insider Transaction Report
Form 4
MODEL N, INC.MODN
Reese Scott
Director
Transactions
- Award
Common Stock
2020-05-16+311→ 12,069 total
Footnotes (2)
- [F1]In connection with the Reporting Person's transition from serving as a member of the Issuer's Nominating and Corporate Governance Committee to serving as a member of the Issuer's Audit Committee, 90 unvested restricted stock units (RSUs) previously granted to the Reporting Person for service as a member of the Nominating and Corporate Governance Committee were cancelled and 311 RSUs for service on the Audit Committee were granted. The amount of securities reported in this column represents shares of common stock issuable upon the vesting of the new RSU award, which vests in three equal installments on August 15, 2020, November 15, 2020, and February 15, 2021 provided the Reporting Person continues to serve on the Audit Committee through the applicable vest date.
- [F2]Since the date of the Reporting Person's last ownership report, 90 unvested RSUs previously granted to the Reporting Person were cancelled for no value as described in footnote 1.