Ralph Baxter - 26 Feb 2024 Form 4 Insider Report for Intapp, Inc. (INTA)

Role
Director
Signature
/s/ Brian Grube, Attorney-in-Fact
Issuer symbol
INTA
Transactions as of
26 Feb 2024
Net transactions value
-$1,111,492
Form type
4
Filing time
28 Feb 2024, 16:17:14 UTC
Previous filing
16 Nov 2023
Next filing
16 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTA Common Stock Options Exercise $119,700 +30,000 +533% $3.99 35,624 26 Feb 2024 Direct F1
transaction INTA Common Stock Sale $595,285 -14,711 -41% $40.47 20,913 26 Feb 2024 Direct F1, F2
transaction INTA Common Stock Sale $619,092 -14,889 -71% $41.58 6,024 26 Feb 2024 Direct F1, F2
transaction INTA Common Stock Sale $16,815 -400 -6.6% $42.04 5,624 26 Feb 2024 Direct F1, F2

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 INTA Employee Stock Option (Right to Buy) Options Exercise $0 -30,000 -24% $0.000000 96,000 26 Feb 2024 Common Stock 30,000 $3.99 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The option exercise and sale of shares of common stock of Intapp, Inc. was executed pursuant to a 10b5-1 plan put in place by the Reporting Person on November 27, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $40.4653: $40.00 to $40.99, inclusive, (b) with respect to the weighted average price of $41.5805: $41.00 to $41.90, inclusive, and (c) with respect to the weighted average price of $42.0375: $42.03 to $42.04, inclusive. The reporting person undertakes to provide to Intapp, Inc., any security holder of Intapp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
F3 The shares underlying this option are fully vested and exercisable as of the date hereof.