Michael John Silva - 06 Mar 2024 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Signature
/s/ Kevin Kane as Attorney-in-Fact for Michael John Silva
Issuer symbol
CCCS
Transactions as of
06 Mar 2024
Net transactions value
-$156,053
Form type
4
Filing time
08 Mar 2024, 17:39:00 UTC
Previous filing
20 Oct 2023
Next filing
23 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $0 +35,191 +95% $0.000000 72,363 06 Mar 2024 Direct
transaction CCCS Common Stock Tax liability $156,053 -13,169 -18% $11.85 59,194 06 Mar 2024 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 -35,191 -25% $0.000000 105,575 06 Mar 2024 Common Stock 35,191 $0.000000 Direct F1
transaction CCCS Restricted Stock Unit Award $0 +113,925 $0.000000 113,925 06 Mar 2024 Common Stock 113,925 $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. 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:

EVP, Chief Commercial & Customer Success Officer