James Price - Sep 23, 2021 Form 3 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Quality Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for James Price
Stock symbol
CWAN
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
3
Date filed
9/23/2021, 09:13 PM
Next filing
Sep 30, 2021

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
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 456K $4.00 Direct F1
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 304K $4.00 Direct F2
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 56.7K $4.00 Direct F3
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 37.8K $4.00 Direct F4
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 62.5K $12.40 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the amount reported, options to purchase 312,480 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining options vest and become exercisable on January 1, 2022.
F2 Of the amount reported, options to purchase 208,230 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining options vest and become exercisable on January 1, 2022.
F3 Of the amount reported, options to purchase 26,700 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining options vest and become exercisable in two equal annual installments beginning on and including January 1, 2022.
F4 Of the amount reported, options to purchase 17,800 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining options vest and become exercisable in two equal annual installments beginning on and including April 10, 2022.
F5 The reported securities are options which vest and become exercisable as follows: one installment reflecting 25% of the remaining options vests and becomes exercisable on January 1, 2022 and the remainder vests and becomes exercisable 1/48th in 36 equal monthly installments beginning on February 1, 2022.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney