SEC Form 4 · accession 0001209191-18-031384
MODEL N, INC. · MODN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zack Rinat
10% Owner
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001118417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 16, 2018 | G | 3,200 | $0.00 | D | 2,679,088 | D | |
| Common StockF1,F2 | May 16, 2018 | G | 1,200 | $0.00 | D | 2,677,408 | D | |
| Common Stock | holding | — | — | — | 26,907 | I | By the GADD Inc. | |
| Common Stock | holding | — | — | — | 1,666,666 | I | By the Rinat Family 2006 Trust Dated December 13, 2006 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All of the shares reported as disposed of in this Form 4 were donated to a charitable organization as a bona fide gift.
- F2As of April 10, 2018, Mr. Rinat and his spouse, Orli Rinat, resigned as trustees of the Gahl Rinat Trust and the Danielle Rinat Trust. Because of the foregoing, as of April 10, 2018 Mr. Rinat and Orli Rinat are no longer deemed to beneficially own the shares held by those trusts for purposes of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, because they do not have or share voting or investment power over such shares.