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

Role: VP Corporate Controller
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
Next filing: Nov 26, 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.

Content

Shares purchased pursuant to the Cerence Inc Employee Stock Purchase Plan ("ESPP") on 8/15/2024.

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.