Mary Jo Prigge - Aug 8, 2022 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Signature
/s/ Kevin Kane as Attorney-in-Fact for Mary Jo Prigge
Stock symbol
CCCS
Transactions as of
Aug 8, 2022
Transactions value $
-$878,837
Form type
4
Date filed
8/10/2022, 07:03 PM
Previous filing
Aug 2, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $255K +102K +770.72% $2.50 115K Aug 8, 2022 Direct F1
transaction CCCS Common Stock Sale -$1.13M -115K -100% $9.83 0 Aug 8, 2022 Direct F1, F2
holding CCCS Common Stock 853K Aug 8, 2022 By Trust

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 Stock Option (Right to Buy) Options Exercise $0 -102K -20% $0.00 409K Aug 8, 2022 Common Stock 102K $2.50 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.66 to $10.06. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided.
F3 In connection with the acquisition of Cypress Holdings, Inc. by CCC Intelligent Solutions Holdings Inc. (the "Issuer") by merger on July 30, 2021 (the "Merger"), and pursuant to the business combination agreement, the Reporting Person received stock options of the Issuer ("Options") on July 30, 2021 in respect of stock options of Cypress Holdings, Inc. which were subject to performance vesting, provided that all performance vesting conditions were deemed fully satisfied in connection with the Merger and the Options were fully vested upon grant.

Remarks:

Executive Vice President, Chief Service Delivery Officer