James S. Cox - 15 Oct 2024 Form 4 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 Oct 2024
Transactions value $
-$857,403
Form type
4
Filing time
16 Oct 2024, 11:37:11 UTC
Previous filing
01 Oct 2024
Next filing
18 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $146,946 +33,397 +15% $4.4 262,441 15 Oct 2024 Direct
transaction CWAN Class A Common Stock Tax liability -$515,177 -19,697 -7.5% $26.16 242,744 15 Oct 2024 Direct
transaction CWAN Class A Common Stock Sale -$358,324 -13,700 -5.6% $26.16 229,044 15 Oct 2024 Direct F1, F2
transaction CWAN Class A Common Stock Sale -$130,847 -5,000 -2.2% $26.17 224,044 15 Oct 2024 Direct F1, F3

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 -33,397 -31% $0 74,473 15 Oct 2024 Class A Common Stock 33,397 $4.4 Direct F4
* 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 transaction was executed in multiple trades at prices ranging from $25.86 USD to $26.45 USD; the price reported above reflects the weighted average sale price.
F3 This transaction was executed in multiple trades at prices ranging from $25.87 USD to $26.41 USD; the price reported above reflects the weighted average sale price.
F4 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