SEC Form 4 · accession 0001692940-19-000002
MODEL N, INC. · MODN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Mellott
Officer — SVP and Chief Revenue Officer
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 8:38 pm EST
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 Stock | Feb 19, 2019 | S | 4,726 | $16.50 | D | 189,141 | D | |
| Common Stock | Feb 19, 2019 | S | 216 | $16.50 | D | 188,925 | D | |
| Common Stock | Feb 19, 2019 | S | 377 | $16.50 | D | 188,548 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All 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 Restricted Stock Units ("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.