Michael John Silva - 19 Oct 2023 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 2023
Net transactions value
+$463,535
Form type
4
Filing time
20 Oct 2023, 17:52:39 UTC
Previous filing
10 Mar 2023
Next filing
08 Mar 2024
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 $724,931 +58,134 $12.47 58,134 19 Oct 2023 Direct
transaction CCCS Common Stock Tax liability $261,396 -20,962 -36% $12.47 37,172 19 Oct 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 -58,134 -67% $0.000000 29,076 19 Oct 2023 Common Stock 58,134 $0.000000 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. 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.

Remarks:

EVP, Chief Commercial & Customer Success Officer