THOMAS M. SIEBEL - 01 Nov 2022 Form 4 Insider Report for C3.ai, Inc. (AI)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Eric Jensen, Attorney-in-Fact
Issuer symbol: AI
Transactions as of: 01 Nov 2022
Transactions value $: -$340,313
Form type: 4
Filing time: 03 Nov 2022, 18:32:47 UTC
Previous filing: 11 Oct 2022
Next filing: 12 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Options Exercise		+53,125	+3.02%		1,809,515	01 Nov 2022	Direct	F1
transaction	AI	Class A Common Stock	Tax liability	-$340,312	-26,340	-1.46%	$12.92	1,783,175	01 Nov 2022	Direct
transaction	AI	Class A Common Stock	Gift	$0	-26,785	-1.5%	$0	1,756,390	02 Nov 2022	Direct
transaction	AI	Class A Common Stock	Gift	$0	+26,785	+0.76%	$0	3,550,394	02 Nov 2022	See Footnote	F2
holding	AI	Class A Common Stock						9,216	01 Nov 2022	See Footnote	F3
holding	AI	Class A Common Stock						170,294	01 Nov 2022	See Footnote	F4
holding	AI	Class A Common Stock						72,695	01 Nov 2022	See Footnote	F5
holding	AI	Class A Common Stock						1,237,115	01 Nov 2022	See Footnote	F6

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	AI	Restricted Stock Units	Options Exercise	$0	-53,125	-6.67%	$0	743,750	01 Nov 2022	Class A Common Stock	53,125		Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2	The shares are held by The Siebel Living Trust u/a/d 7/27/93, as amended, of which the Reporting Person is trustee.
F3	The shares are held by First Virtual Holdings, LLC, of which the Reporting Person is Chairman.
F4	The shares are held by Siebel Asset Management, L.P., of which the Reporting Person is the general partner.
F5	The shares are held by Siebel Asset Management III, L.P., of which the Reporting Person is the general partner.
F6	The shares are held by The Siebel 2011 Irrevocable Children's Trust, of which the Reporting Person is co-trustee.
F7	6.25% of each such RSU award vested on August 1, 2022 and 6.25% of each such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.