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

Role
Executive Vice President, Chief Service Delivery Officer
Signature
/s/ Kevin Kane as Attorney-in-Fact for Mary Jo Prigge
Issuer symbol
CCCS
Transactions as of
13 Aug 2024
Net transactions value
-$300,824
Form type
4
Filing time
14 Aug 2024, 18:03:13 UTC
Previous filing
01 Aug 2024
Next filing
15 Nov 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 $67,978 +27,191 +28% $2.50 124,459 13 Aug 2024 Direct
transaction CCCS Common Stock Options Exercise $29,062 +11,625 +9.3% $2.50 136,084 13 Aug 2024 Direct
transaction CCCS Common Stock Sale $397,864 -38,816 -29% $10.25 97,268 13 Aug 2024 Direct
holding CCCS Common Stock 853,085 13 Aug 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 -11,625 -100% $0.000000* 0 13 Aug 2024 Common Stock 11,625 $2.50 Direct F1
transaction CCCS Stock Option (Right to Buy) Options Exercise $0 -27,191 -8.3% $0.000000 300,000 13 Aug 2024 Common Stock 27,191 $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