James S. Cox - 15 Jul 2024 Form 4/A Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Issuer symbol
CWAN
Transactions as of
15 Jul 2024
Net transactions value
-$335,384
Form type
4/A
Filing time
17 Jul 2024, 17:39:43 UTC
Date Of Original Report
16 Jul 2024
Previous filing
01 Jul 2024
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $71,786 +16,315 +6.9% $4.40 253,818 15 Jul 2024 Direct
transaction CWAN Class A Common Stock Tax liability $191,854 -10,140 -4% $18.92 243,678 15 Jul 2024 Direct
transaction CWAN Class A Common Stock Sale $116,834 -6,175 -2.5% $18.92 237,503 15 Jul 2024 Direct F1, F2, F3
transaction CWAN Class A Common Stock Options Exercise $1,166 +265 +0.11% $4.40 237,768 15 Jul 2024 Direct
transaction CWAN Class A Common Stock Tax liability $3,122 -165 -0.07% $18.92 237,603 15 Jul 2024 Direct
transaction CWAN Class A Common Stock Sale $1,892 -100 -0.04% $18.92 237,503 15 Jul 2024 Direct F1, F3
transaction CWAN Class A Common Stock Sale $94,634 -5,000 -2.1% $18.93 232,503 15 Jul 2024 Direct F1, F4

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 Stock Option (Right to Buy) Options Exercise $0 -16,315 -7.1% $0.000000 213,771 15 Jul 2024 Class A Common Stock 16,315 $4.40 Direct F5
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -265 -0.12% $0.000000 213,506 15 Jul 2024 Class A Common Stock 265 $4.40 Direct F5
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2024.
F2 This amendment is being filed to check the box to indicate that the transactions reflected in this Form 4 were made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F3 This transaction was executed in multiple trades at prices ranging from $18.77 USD to $19.03 USD; the price reported above reflects the weighted average sale price.
F4 This transaction was executed in multiple trades at prices ranging from $18.79 USD to $19.00 USD; the price reported above reflects the weighted average sale price.
F5 Vests 120,000 share(s) on 20-May-2020, 198,000 share(s) on 02-Nov-2020, 70,500 share(s) on 20-May-2021, 70,500 share(s) on 20-May-2022, 70,500 share(s) on 20-May-2023, 70,500 share(s) on 20-May-2024