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

Role: Director
Signature: /s/ Brady Mickelsen, Attorney-in-Fact
Stock symbol: AI
Transactions as of: Jun 4, 2021
Transactions value $: -$3,307,366
Form type: 4
Date filed: 6/8/2021, 08:41 PM
Next filing: Oct 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Other	$0	+470	+401.71%	$0.00	587	Jun 4, 2021	See Footnote	F1, F2
transaction	AI	Class A Common Stock	Options Exercise	$6.13K	+10.2K	+13.74%	$0.60^*	84.6K	Jun 8, 2021	Direct
transaction	AI	Class A Common Stock	Options Exercise	$35K	+22.4K	+26.53%	$1.56^*	107K	Jun 8, 2021	Direct
transaction	AI	Class A Common Stock	Options Exercise	$37.7K	+22.4K	+20.97%	$1.68^*	130K	Jun 8, 2021	Direct
transaction	AI	Class A Common Stock	Sale	-$2.41M	-39.6K	-30.55%	$61.00	89.9K	Jun 8, 2021	Direct	F3
transaction	AI	Class A Common Stock	Sale	-$460K	-7.4K	-8.23%	$62.20	82.5K	Jun 8, 2021	Direct	F4
transaction	AI	Class A Common Stock	Sale	-$513K	-8.16K	-9.88%	$62.85	74.4K	Jun 8, 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	-10.2K	-100%	$0.00^*	0	Jun 8, 2021	Class A Common Stock	10.2K	$0.60	Direct	F6
transaction	AI	Stock Option (Right to Buy)	Options Exercise	$0	-22.4K	-100%	$0.00^*	0	Jun 8, 2021	Class A Common Stock	22.4K	$1.56	Direct	F6, F7
transaction	AI	Stock Option (Right to Buy)	Options Exercise	$0	-22.4K	-100%	$0.00^*	0	Jun 8, 2021	Class A Common Stock	22.4K	$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.