Condoleezza Rice - 04 Jun 2021 Form 4 Insider Report for C3.ai, Inc. (AI)

Role: Director
Signature: /s/ Brady Mickelsen, Attorney-in-Fact
Issuer symbol: AI
Transactions as of: 04 Jun 2021
Net transactions value: -$3,307,366
Form type: 4
Filing time: 08 Jun 2021, 20:41:42 UTC
Next filing: 08 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Other	$0	+470	+402%	$0.000000	587	04 Jun 2021	See Footnote	F1, F2
transaction	AI	Class A Common Stock	Options Exercise	$6,133	+10,221	+14%	$0.6000^*	84,608	08 Jun 2021	Direct
transaction	AI	Class A Common Stock	Options Exercise	$35,020	+22,449	+27%	$1.56^*	107,057	08 Jun 2021	Direct
transaction	AI	Class A Common Stock	Options Exercise	$37,714	+22,449	+21%	$1.68^*	129,506	08 Jun 2021	Direct
transaction	AI	Class A Common Stock	Sale	$2,413,160	-39,560	-31%	$61.00	89,946	08 Jun 2021	Direct	F3
transaction	AI	Class A Common Stock	Sale	$460,280	-7,400	-8.2%	$62.20	82,546	08 Jun 2021	Direct	F4
transaction	AI	Class A Common Stock	Sale	$512,793	-8,159	-9.9%	$62.85	74,387	08 Jun 2021	Direct	F5

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	AI	Stock Option (Right to Buy)	Options Exercise	$0	-10,221	-100%	$0.000000^*	0	08 Jun 2021	Class A Common Stock	10,221	$0.6000	Direct	F6
transaction	AI	Stock Option (Right to Buy)	Options Exercise	$0	-22,449	-100%	$0.000000^*	0	08 Jun 2021	Class A Common Stock	22,449	$1.56	Direct	F6, F7
transaction	AI	Stock Option (Right to Buy)	Options Exercise	$0	-22,449	-100%	$0.000000^*	0	08 Jun 2021	Class A Common Stock	22,449	$1.68	Direct	F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pro rata distribution from Sutter Hill Ventures, a California limited partnership, of which the Reporting Person is a non-managing member.
F2	The shares are held by the Condoleezza Rice Trust Agreement U/A/D 11/24/99, of which the Reporting Person is trustee.
F3	Represents weighted average sales price. The shares were sold at prices ranging from $60.60 to $61.59. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4	Represents weighted average sales price. The shares were sold at prices ranging from $61.60 to $62.59. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5	Represents weighted average sales price. The shares were sold at prices ranging from $62.60 to $63.56. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6	Fully vested.
F7	Due to rounding in connection with the reverse stock split, the total shares include 1 additional share that was not originally reported on the Reporting Person's Form 3.