Scott Erickson - 31 Mar 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Scott Erickson
Issuer symbol
CWAN
Transactions as of
31 Mar 2024
Transactions value $
-$28,233
Form type
4
Filing time
04 Apr 2024, 09:26:42 UTC
Previous filing
01 Mar 2024
Next filing
10 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $0 +3,125 +2.7% $0 119,225 31 Mar 2024 Direct
transaction CWAN Class A Common Stock Tax liability -$28,233 -1,596 -1.3% $17.69 117,629 31 Mar 2024 Direct F1

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 CWAN Restricted Stock Unit Options Exercise $0 -3,125 -6.2% $0 46,875 31 Mar 2024 Class A Common Stock 3,125 $0 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F2 6.25% of the Restricted Stock Units shall vest at the end of each 3-month period for the next 4 years following January 1, 2024, and will settle within thirty days of the applicable vesting date.
F3 This represents the unvested portion of the RSUs granted on February 28, 2024 and does not include other RSUs with different grant dates or vesting terms.