Thomas M. Siebel - Dec 22, 2023 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Dec 22, 2023
Transactions value $
$0
Form type
4
Date filed
12/27/2023, 05:19 PM
Previous filing
Nov 2, 2023
Next filing
Feb 5, 2024

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 Award $0 +393K $0.00 393K Dec 22, 2023 Class A Common Stock 393K Direct F1, F2
transaction AI Stock Option (Right to Buy) Award $0 +662K $0.00 662K Dec 22, 2023 Class A Common Stok 662K $31.61 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 1/12th of the RSUs shall vest on each quarterly anniversary from December 1, 2023, so long as the Reporting Person continues to provide services through such vesting date.
F3 1/3rd of the shares subject to the option grant shall vest on December 1, 2024, and 1/12th of the shares subject to the option grant shall vest each quarter thereafter, so long as the Reporting Person continues to provide services through such vesting date.