Mary Jo Prigge - 08 Sep 2022 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role
Executive Vice President, Chief Service Delivery Officer
Signature
/s/ Kevin Kane as Attorney-in-Fact for Mary Jo Prigge
Issuer symbol
CCCS
Transactions as of
08 Sep 2022
Net transactions value
-$717,781
Form type
4
Filing time
09 Sep 2022, 17:57:50 UTC
Previous filing
10 Aug 2022
Next filing
12 Oct 2022
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 $255,412 +102,165 $2.50 102,165 08 Sep 2022 Direct F1
transaction CCCS Common Stock Sale $973,193 -102,165 -100% $9.53 0 08 Sep 2022 Direct F1, F2
holding CCCS Common Stock 853,085 08 Sep 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 -102,165 -25% $0.000000 306,495 08 Sep 2022 Common Stock 102,165 $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 $9.4100 to $9.5950. 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