Githesh Ramamurthy - Aug 1, 2022 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role: Chief Executive Officer and Chairman, Director
Signature: /s/ Kevin Kane as Attorney-in-Fact for Githesh Ramamurthy
Stock symbol: CCCS
Transactions as of: Aug 1, 2022
Transactions value $: -$2,601,422
Form type: 4
Date filed: 8/2/2022, 05:03 PM
Previous filing: Oct 25, 2021
Next filing: Aug 2, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCCS	Common Stock	Options Exercise	$0	+600K	+23.2%	$0.00	3.19M	Aug 1, 2022	Direct
transaction	CCCS	Common Stock	Tax liability	-$2.6M	-262K	-8.22%	$9.93	2.92M	Aug 1, 2022	Direct
holding	CCCS	Common Stock						13.6M	Aug 1, 2022	See footnote	F1

Showing 1 to 3 of 3 entries

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
transaction	CCCS	Restricted Stock Unit	Options Exercise	$0	-600K	-25%	$0.00	1.8M	Aug 1, 2022	Common Stock	600K	$0.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The reported securities are indirectly held by the reporting person through Higginson Enterprises, LLC, provided that the reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F2	The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the RSU, or (iii) a combination thereof. Twenty-five (25%) of the RSUs vest upon each of the first four anniversaries of July 30, 2021, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

Content

The reported securities are indirectly held by the reporting person through Higginson Enterprises, LLC, provided that the reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the RSU, or (iii) a combination thereof. Twenty-five (25%) of the RSUs vest upon each of the first four anniversaries of July 30, 2021, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

Remarks:

Chief Executive Officer and Chairman