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

Role
Chief Revenue Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Scott Erickson
Issuer symbol
CWAN
Transactions as of
31 Dec 2024
Transactions value $
-$1,222,989
Form type
4
Filing time
03 Jan 2025, 16:13:09 UTC
Previous filing
11 Dec 2024
Next filing
18 Feb 2025
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 +49% $0 9,498 31 Dec 2024 Direct
transaction CWAN Class A Common Stock Tax liability -$43,921 -1,596 -17% $27.52 7,902 31 Dec 2024 Direct F1
transaction CWAN Class A Common Stock Options Exercise $0 +62,500 +791% $0 70,402 01 Jan 2025 Direct
transaction CWAN Class A Common Stock Tax liability -$737,591 -26,802 -38% $27.52 43,600 01 Jan 2025 Direct F1
transaction CWAN Class A Common Stock Options Exercise $0 +31,423 +72% $0 75,023 01 Jan 2025 Direct
transaction CWAN Class A Common Stock Tax liability -$441,475 -16,042 -21% $27.52 58,981 01 Jan 2025 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 -7.7% $0 37,500 31 Dec 2024 Class A Common Stock 3,125 $0 Direct F2, F3
transaction CWAN Restricted Stock Unit Options Exercise $0 -62,500 -33% $0 125,000 01 Jan 2025 Class A Common Stock 62,500 $0 Direct F4, F5
transaction CWAN Restricted Stock Unit Options Exercise $0 -31,423 -50% $0 31,424 01 Jan 2025 Class A Common Stock 31,423 $0 Direct F6, F7
* 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.
F4 The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable vesting date, beginning on 01-Jan-2023
F5 This represents the unvested portion of the RSUs granted on February 20, 2023 and does not include other RSUs with different grant dates or vesting terms.
F6 The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable vesting date, beginning on 01-Jan-2022
F7 This represents the unvested portion of the RSUs granted on September 24, 2021 and does not include other RSUs with different grant dates or vesting terms.