Githesh Ramamurthy - Jul 18, 2024 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role
Chief Executive Officer and Chairman, Director
Signature
/s/ Kevin Kane as Attorney-in-Fact for Githesh Ramamurthy
Stock symbol
CCCS
Transactions as of
Jul 18, 2024
Transactions value $
-$3,600
Form type
4
Date filed
7/22/2024, 06:00 PM
Previous filing
Jul 1, 2024
Next filing
Aug 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $1K +400 +0.01% $2.50 6.46M Jul 18, 2024 Direct F1
transaction CCCS Common Stock Sale -$4.6K -400 -0.01% $11.50 6.46M Jul 18, 2024 Direct F1
holding CCCS Common Stock 13.6M Jul 18, 2024 See footnote F2

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 -400 -0.01% $0.00 5.37M Jul 18, 2024 Common Stock 400 $2.50 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 20, 2023.
F2 The reported securities are indirectly held by the reporting person through Higginson Enterprises, LLC, provided that the reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
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 issuance.

Remarks:

Chief Executive Officer and Chairman