Advent International, L.P. - 13 Nov 2023 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role
Director, 10%+ Owner
Signature
ADVENT INTERNATIONAL, L.P., By: Advent International GP, LLC, its General Partner, By: /s/ Neil Crawford, Name: Neil Crawford, Title: Vice President of Finance
Issuer symbol
CCCS
Transactions as of
13 Nov 2023
Transactions value $
-$706,177,713
Form type
4
Filing time
15 Nov 2023, 16:03:52 UTC
Previous filing
06 Jul 2023
Next filing
10 Jan 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 Sale -$514M -50.9M -19.54% $10.11 210M 13 Nov 2023 See Notes F1, F2, F6
transaction CCCS Common Stock Sale -$16.3M -1.61M -19.54% $10.11 6.63M 13 Nov 2023 See Notes F1, F3, F6
transaction CCCS Common Stock Sale -$171M -16.9M -19.54% $10.11 69.5M 13 Nov 2023 See Notes F1, F4, F6
transaction CCCS Common Stock Sale -$5.05M -500K -100% $10.11 0 13 Nov 2023 See Notes F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 See Exhibit 99.1 for text of footnote (1).
F2 See Exhibit 99.1 for text of footnote (2).
F3 See Exhibit 99.1 for text of footnote (3).
F4 See Exhibit 99.1 for text of footnote (4).
F5 See Exhibit 99.1 for text of footnote (5).
F6 See Exhibit 99.1 for text of footnote (6).

Remarks:

Christopher Egan, a Managing Partner of Advent, Eric Wei, a Managing Director of Advent, and Lauren Young, a Managing Director of Advent (collectively, the "Advent Directors"), each serve on the board of directors of the Issuer, and have been deputized to represent the Reporting Persons on the board of directors. By virtue of the Advent Directors' representation, for purposes of Section 16 of the Securities Exchange Act of 1934, each of the Reporting Persons may be deemed directors by deputization of the Issuer. The Advent Directors have filed separate Section 16 reports disclosing securities of the Issuer that they may be deemed to beneficially own for Section 16 purposes. Form 1 of 2: This Form 4 is the first of two Forms 4 being filed relating to the same event. The Form 4 has been split into multiple filings because there are more than 10 Reporting Persons total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons. Each Form 4 will be filed by Designated Filer Advent International, L.P. Exhibit 99.1 (Footnotes to Form 4) and Exhibit 99.2 (Signatures and Joint Filer Information) are incorporated by reference.