Michael John Silva - 19 Oct 2022 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role: EVP, Chief Commercial & Customer Success Officer
Signature: /s/ Kevin Kane as Attorney-in-Fact for Michael John Silva
Issuer symbol: CCCS
Transactions as of: 19 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 20 Oct 2022, 18:53:14 UTC
Previous filing: 20 Oct 2022
Next filing: 10 Mar 2023
SEC: View on sec.gov

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
holding	CCCS	Restricted Stock Unit						87,210	19 Oct 2022	Common Stock	87,210	$0.000000	Direct	F1
holding	CCCS	Performance Restricted Stock Unit						87,209	19 Oct 2022	Common Stock	87,209	$0.000000	Direct	F2

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

Explanation of Responses:

Id	Content
F1	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. Two-Thirds (66.66%) of the RSUs vest upon the first anniversary of October 19, 2022 and the remainder vest on the second anniversary of October 19, 2022, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.
F2	The Reporting Person was granted Performance Restricted Stock Units ("PSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) a distribution of a number of shares of the Issuer's Common Stock equal to 0% to 200% (or such greater percentage as is determined by the Board of Directors of the Issuer) of the PSUs, (ii) an amount of cash equal to the fair market value of such number of shares of the Issuer's Common Stock on the date immediately preceding the date of settlement of the PSUs, or (iii) a combination thereof, in all cases based on the total shareholder return realized by the Issuer's stockholders over the period January 1, 2022 through December 31, 2024 and generally subject to the Reporting Person's continued service to the Issuer through the Issuer's certification of the performance results.

Content

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. Two-Thirds (66.66%) of the RSUs vest upon the first anniversary of October 19, 2022 and the remainder vest on the second anniversary of October 19, 2022, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

The Reporting Person was granted Performance Restricted Stock Units ("PSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) a distribution of a number of shares of the Issuer's Common Stock equal to 0% to 200% (or such greater percentage as is determined by the Board of Directors of the Issuer) of the PSUs, (ii) an amount of cash equal to the fair market value of such number of shares of the Issuer's Common Stock on the date immediately preceding the date of settlement of the PSUs, or (iii) a combination thereof, in all cases based on the total shareholder return realized by the Issuer's stockholders over the period January 1, 2022 through December 31, 2024 and generally subject to the Reporting Person's continued service to the Issuer through the Issuer's certification of the performance results.

Remarks:

EVP, Chief Commercial & Customer Success Officer