Brian Herb - Mar 23, 2023 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role
Executive Vice President, Chief Financial and Administrative Officer
Signature
/s/ Kevin Kane as Attorney-in-Fact for Brian Herb
Stock symbol
CCCS
Transactions as of
Mar 23, 2023
Transactions value $
-$90,358
Form type
4
Date filed
3/27/2023, 04:23 PM
Previous filing
Mar 10, 2023
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $0 +35.4K +9.66% $0.00 403K Mar 23, 2023 Direct
transaction CCCS Common Stock Tax liability -$90.4K -10.4K -2.58% $8.70 392K Mar 23, 2023 Direct

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 -35.4K -25% $0.00 106K Mar 23, 2023 Common Stock 35.4K $0.00 Direct F1
* 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. Twenty-five percent (25%) of the RSUs vest upon each of the first four anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

Remarks:

Executive Vice President, Chief Financial and Administrative Officer