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

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

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.

Remarks:

Chief Executive Officer and Chairman