Company: NCNO
Filing Date: 2025-04-29
Form Type: PRE 14A
Source: 0001193125-25-103772
Chunk: 38

Company: nCino, Inc.
Filing Date: 2025-04-29
Form: PRE 14A
Chunk 38
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ive Program In determining the fiscal 2025 target equity grant levels for the NEOs, the Compensation Committee compared the target total direct compensation of each NEO (i.e., base salary, annual cash bonus and equity grants) to the competitive market median. The table below sets forth the target award value, as of the date of grant, of the RSU awards received by each NEO under our fiscal 2025 long-term incentive program. The fiscal 2025 target equity award values for the NEOs were determined after considering the competitive market, with each of the participating NEOs receiving an increase in their target equity award values from their fiscal 2024 target equity award values to better align with market data.

| Named Executive Officer |     | Fiscal 2025 Target Equity Award 
 Value(1)                        |   |           |
|:------------------------|:----|:--------------------------------|:--|----------:|
| Pierre Naudé            |     |                                 | $ | 7,900,000 |
| Greg Orenstein          |     |                                 | $ | 3,000,000 |
| Sean Desmond            |     |                                 | $ | 2,600,000 |
| April Rieger            |     |                                 | $ | 2,000,000 |
| Josh Glover             |     |                                 | $ |         — |

| (1) | The amounts reflected in this column represent the targeted equity value, with the number of shares subject to the RSU awards determined by dividing this value by our closing stock price of $37.38 on March 28, 2024 for each NEO, except Mr. Desmond. These amounts differ from the amounts reflected for these awards in the Fiscal 2025 Summary Compensation Table due to the change in our stock price from March 28, 2024 to the grant date of April 1, 2024. The amount reflected in this column for Mr. Desmond represents two awards, one with a grant date of April 1, 2024 and the other with a grant date of May 1, 2024. The May 1, 2024 grant was awarded in connection with his promotion to Chief Product Officer. The number of shares subject to the RSU awards was determined by dividing this value by our closing stock price of $37.38 and $29.16 on March 28, 2024 and April 30, 2024, respectively. These amounts differ from the amounts reflected for these awards in the Fiscal 202