Githesh Ramamurthy - Jul 30, 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 30, 2024
Transactions value $
$3,686,226
Form type
4
Date filed
8/1/2024, 06:52 PM
Previous filing
Jul 22, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $6.62M +600K +9.28% $11.03 7.06M Jul 30, 2024 Direct
transaction CCCS Common Stock Tax liability -$2.93M -266K -3.76% $11.03 6.8M Jul 30, 2024 Direct
holding CCCS Common Stock 13.6M Jul 30, 2024 See footnote F1

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 -600K -50% $0.00 600K Jul 30, 2024 Common Stock 600K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 July 30, 2021, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

Remarks:

Chief Executive Officer and Chairman