Mary Jo Prigge - Aug 13, 2024 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Signature
/s/ Kevin Kane as Attorney-in-Fact for Mary Jo Prigge
Stock symbol
CCCS
Transactions as of
Aug 13, 2024
Transactions value $
-$300,824
Form type
4
Date filed
8/14/2024, 06:03 PM
Previous filing
Aug 1, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $68K +27.2K +27.95% $2.50 124K Aug 13, 2024 Direct
transaction CCCS Common Stock Options Exercise $29.1K +11.6K +9.34% $2.50 136K Aug 13, 2024 Direct
transaction CCCS Common Stock Sale -$398K -38.8K -28.52% $10.25 97.3K Aug 13, 2024 Direct
holding CCCS Common Stock 853K Aug 13, 2024 By Trust

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 -11.6K -100% $0.00* 0 Aug 13, 2024 Common Stock 11.6K $2.50 Direct F1
transaction CCCS Stock Option (Right to Buy) Options Exercise $0 -27.2K -8.31% $0.00 300K Aug 13, 2024 Common Stock 27.2K $2.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 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 grant.
F2 In connection with the Merger, and pursuant to the business combination agreement, the Reporting Person received stock options of the Issuer on July 30, 2021 in respect of stock options of Cypress Holdings, Inc. which were scheduled to service vest 20% annually on the each of the first through the fifth anniversaries of April 27, 2017.

Remarks:

Executive Vice President, Chief Service Delivery Officer