Chief Product Officer · MODEL N, INC. (MODN)

Suresh Kannan

A named executive officer of MODEL N in every fiscal year CompBrief holds from FY2021 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2023

$2,505,504

FY2022: $2,732,619

4th of 5 named executive officers at Model N by FY2023 total.

5 named officers on file for MODEL N, FY2023

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Compensation figures as of the proxy filed January 5, 2024 (DEF 14A). Insider transactions since that proxy, current to 2026-11-10.

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Suresh Kannan compensation by year

MODEL N Summary Compensation Table · all 3 fiscal years held
In US dollars, as MODEL N reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023
Salary$375,000$385,000$404,000
Bonus$0$0$0
Stock awards$1,148,354$2,021,571$1,966,794
Option awards$0$0$0
Non-equity incentive$331,254$326,048$133,561
Pension and deferred compensation$0$0$0
All other$0$0$1,149
Total$1,854,608$2,732,619$2,505,504

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MODEL N, INC. DEF 14A filed January 5, 2024, accession 0001118417-24-000010, and prior-year filings. Open the filing on EDGAR.

How this page was built: the MODEL N, INC. filed document, accession 0001118417-24-000010. Every figure is read from that document and cited to the page and table it appears in. Filed January 5, 2024.

$1.9M
$2.7M
$2.5M
FY21
FY22
FY23
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU23,068$563,090—
PSU17,111$417,680—
RSU14,436$352,383—
RSU12,222$298,339—
PSU6,193$151,171—
RSU5,805$141,700—

Per the Outstanding Equity Awards at Fiscal Year-End table in MODEL N, INC.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

11 Form 4 lines since the FY2023 proxy (filed January 5, 2024)
current to 2026-11-10 · updated nightly
DateTransactionPlanSharesPriceHeld after
2024-06-27Disposition to the issuer—250,920$30.000
2024-05-16Sale—824$29.79258,184
2024-05-16Sale—5,947$29.79250,920
2024-05-16Sale—597$29.79259,008
2024-05-16Sale—1,317$29.79256,867
2024-02-19Grant or award—900$21.90259,605
2024-02-16Sale—3,408$26.38260,061
2024-02-16Sale—1,356$26.38258,705

The 8 most recent of 11 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments MODEL N discloses, by trigger · FY2023
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$444,400$0$1,108$445,508
Change in control and involuntary termination$646,400$2,424,987$2,216$3,073,603

Per the Potential Payments Upon Termination or Change in Control table in MODEL N, INC.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.

MODEL N’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
Jason BlessingChief Executive Officer and Member of the Board$6,877,671
John EdererChief Financial Officer$3,064,239
Chris LyonChief Revenue Officer$2,962,826
Suresh Kannan · this pageChief Product Officer$2,505,504
Mark AndersonChief Services Officer$2,498,491

Suresh Kannan's compensation dossier, MODEL N

You have read Suresh Kannan's totals and holdings. The dossier adds each equity grant MODEL N disclosed for Suresh Kannan and MODEL N's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full MODEL N compensation record

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MODEL N's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Suresh Kannan's compensation dossier