Jennifer Salinas - 25 Nov 2024 Form 4 Insider Report for Cerence Inc. (CRNC)

Role: EVP Chief Admin Officer
Signature: /s/ Jennifer Salinas, Attorney-in-Fact
Issuer symbol: CRNC
Transactions as of: 25 Nov 2024
Net transactions value: -$254,012
Form type: 4
Filing time: 26 Nov 2024, 17:29:00 UTC
Previous filing: 09 Oct 2024
Next filing: 07 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRNC	Common Stock	Sale	$64,717	-8,976	-1.7%	$7.21	517,447	25 Nov 2024	Direct	F1
transaction	CRNC	Common Stock	Sale	$189,295	-28,380	-5.5%	$6.67	489,067	26 Nov 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs. 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.
F2	The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/12/2023.

Content

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs. 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.

The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/12/2023.