Katherine Roman - Oct 7, 2024 Form 4 Insider Report for Cerence Inc. (CRNC)

Signature
/s/ Jennifer Salinas, Attorney-in-Fact
Stock symbol
CRNC
Transactions as of
Oct 7, 2024
Transactions value $
-$2,771
Form type
4
Date filed
10/9/2024, 05:55 PM
Previous filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNC Common Stock Award $3.66K +1.61K +4.16% $2.28 40.2K Oct 7, 2024 Direct F1
transaction CRNC Common Stock Sale -$6.43K -2.23K -5.54% $2.89 38K Oct 7, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased pursuant to the Cerence Inc Employee Stock Purchase Plan ("ESPP") on 8/15/2024.
F2 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.