Guy Wanger - 08 Dec 2023 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
SVP & Chief Admin Officer
Signature
/s/ Eric Jensen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
08 Dec 2023
Transactions value $
-$274,273
Form type
4
Filing time
12 Dec 2023, 20:16:01 UTC
Previous filing
12 Sep 2023
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 $0 +17.8K $0.00 17.8K 08 Dec 2023 Direct
transaction AI Class A Common Stock Sale -$274K -9.78K -54.84% $28.05 8.05K 11 Dec 2023 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 AI Restricted Stock Units Options Exercise $0 -17.8K -5% $0.00 339K 08 Dec 2023 Class A Common Stock 17.8K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligation from settlement of vested Restricted Stock Units (RSUs).
F2 Represents weighted average sales price. The shares were sold at prices ranging from $27.77 to $28.05. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F4 Five percent (5%) of such RSU award vested on December 8, 2023 and five percent (5%) of such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.