David Rudow - Jun 9, 2022 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers, Attorney-in-Fact for David Rudow
Stock symbol
NCNO
Transactions as of
Jun 9, 2022
Transactions value $
-$890,061
Form type
4
Date filed
6/13/2022, 05:24 PM
Previous filing
Apr 8, 2022
Next filing
Sep 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$239K -6.92K -3.49% $34.55 191K Jun 9, 2022 Direct F1
transaction NCNO Common Stock Sale -$651K -18.5K -9.66% $35.18 173K Jun 9, 2022 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.