Merel Witteveen - Feb 15, 2025 Form 4 Insider Report for C3.ai, Inc. (AI)

Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Feb 15, 2025
Transactions value $
-$281,358
Form type
4
Date filed
2/19/2025, 05:15 PM
Previous filing
Jan 28, 2025
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Options Exercise +10K +224.22% 14.5K Feb 15, 2025 Direct F1
transaction AI Class A Common Stock Tax liability -$179K -5.66K -39.15% $31.56 8.8K Feb 15, 2025 Direct
transaction AI Class A Common Stock Sale -$103K -3.25K -36.97% $31.57 5.55K Feb 18, 2025 Direct 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 -10K -9.09% $0.00 100K Feb 15, 2025 Class A Common Stock 10K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated September 27, 2024.
F3 20% of such RSU award vested August 16, 2023 and 5% of such RSU award vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.