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

Role
Chief Financial Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Stock symbol
CWAN
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
3
Date filed
9/23/2021, 09:22 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 609K $4.40 Direct F1
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 406K $4.40 Direct F2
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 125K $4.40 Direct F3
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 83.2K $4.40 Direct F4
holding CWAN Employee Stock Option (right to buy) Sep 23, 2021 Class A Common Stock 438K $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 291,780 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining amount reported vests in three equal annual installments beginning on and including January 1, 2022.
F2 Of the amount reported, options to purchase 194,520 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining amount reported vests in three equal annual installments beginning on and including May 20, 2022.
F3 Of the amount reported, options to purchase 47,681 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining amount reported vests in four equal annual installments beginning on and including January 1, 2022.
F4 Of the amount reported, options to purchase 31,787 shares of Class A Common Stock are vested and become exercisable on November 23, 2021. The remaining amount reported vests in four equal annual installments beginning on and including January 1, 2022.
F5 The reported securities are options 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