Company: NCNO
Filing Date: 2025-04-29
Form Type: PRE 14A
Source: 0001193125-25-103772
Chunk: 39

Company: nCino, Inc.
Filing Date: 2025-04-29
Form: PRE 14A
Chunk 39
---
5 Summary Compensation Table due to the change in our stock price from March 28, 2024 to the grant date of April 1, 2024 and from April 30, 2024 to the grant date of May 1, 2024. Mr. Glover did not receive a fiscal 2025 long-term incentive award because he stepped down from his position prior to the annual grant. |

Please see “Outstanding Equity Awards at Fiscal 2025 Year-End”for a summary of the outstanding equity awards held by each of the NEOs as of fiscal 2025 year-end. Other Elements of Our Fiscal 2025 Executive Compensation Program Employment Arrangements Our NEO agreements describe the basic terms of the executive’s employment, including the base salary, annual bonus target and long-term incentive award target and eligibility to participate in our employee benefits programs. These agreements also provide for severance benefits in the event of a termination of employment in certain circumstances, including the departure of the NEO following a change in control of our Company. After considering a market review prepared by Aon with respect to our severance protections, on December 19, 2024, we entered into amended and restated employment agreements (the “ Amended and Restated Employment Agreements”) with each of our then-serving NEOs. The Amended and Restated Employment Agreements are generally based on the existing employment agreements with each executive, but with administrative updates as well as updates to reflect current compensation levels and to further align with market practices with respect to the termination provisions. Under the Amended and Restated Employment Agreements, 29

for terminations by the Company without cause or by the executive due to good reason, in each case, not in connection with a change in control of the Company, the executive is eligible to receive, subject to the executive’s execution and non-revocation of a release of claims in favor of the Company (a “Release”), (i) a severance payment equal to one times the executive’s base salary, (ii) a payment equal to the executive’s target bonus amount for the year of termination, (iii) up to 12 months of COBRA reimbursements, and (iv) accelerated vesting of any equity award that would have vested in the normal course during the 12-month period following such termination of employment (24-months in the case of Mr. Naudé). Under the Amended and Restated Employment Agreements, for terminations by the Company without cause or by the executive