Advent International, L.P. - Jan 8, 2024 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

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
Stock symbol
CCCS
Transactions as of
Jan 8, 2024
Transactions value $
-$230,340,000
Form type
4
Date filed
1/10/2024, 04:08 PM
Previous filing
Nov 15, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Sale -$169M -16.1M -7.7% $10.47 193M Jan 8, 2024 See Notes F1, F2, F5
transaction CCCS Common Stock Sale -$5.34M -510K -7.7% $10.47 6.12M Jan 8, 2024 See Notes F1, F3, F5
transaction CCCS Common Stock Sale -$56M -5.35M -7.7% $10.47 64.2M Jan 8, 2024 See Notes F1, F4, F5
* 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).

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. Exhibit 99.1 (Footnotes to Form 4) and Exhibit 99.2 (Signatures and Joint Filer Information) are incorporated by reference.