Bruce A. Cleveland - Jun 10, 2021 Form 4 Insider Report for C3.ai, Inc. (AI)

Role: Senior VP and CMO
Signature: /s/ Brady Mickelsen, Attorney-in-Fact
Stock symbol: AI
Transactions as of: Jun 10, 2021
Transactions value $: -$2,736,900
Form type: 4
Date filed: 6/14/2021, 05:02 PM
Next filing: Jun 25, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Options Exercise	$234K	+50K	+234.01%	$4.68	71.4K	Jun 10, 2021	Direct
transaction	AI	Class A Common Stock	Sale	-$1.22M	-21K	-29.41%	$58.32	50.4K	Jun 10, 2021	Direct	F1
transaction	AI	Class A Common Stock	Sale	-$794K	-13.4K	-26.55%	$59.34	37K	Jun 10, 2021	Direct	F2
transaction	AI	Class A Common Stock	Sale	-$376K	-6.24K	-16.87%	$60.28	30.8K	Jun 10, 2021	Direct	F3
transaction	AI	Class A Common Stock	Sale	-$548K	-8.93K	-29.02%	$61.36	21.8K	Jun 10, 2021	Direct	F4
transaction	AI	Class A Common Stock	Sale	-$29.1K	-466	-2.13%	$62.37	21.4K	Jun 10, 2021	Direct
holding	AI	Class A Common Stock						241	Jun 10, 2021	See Footnote	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	Option (Right to Buy)	Options Exercise	$0	-50K	-5.15%	$0.00	922K	Jun 10, 2021	Class A Common Stock	50K	$4.68	Direct	F6

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

Explanation of Responses:

Id	Content
F1	Represents weighted average sales price. The shares were sold at prices ranging from $57.92 to $58.91. 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.
F2	Represents weighted average sales price. The shares were sold at prices ranging from $58.92 to $59.91. 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.
F3	Represents weighted average sales price. The shares were sold at prices ranging from $59.92 to $60.81. 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 $60.97 to $61.91. 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	The shares are held by the Cleveland Family Trust, of which the Reporting Person is trustee.
F6	Twenty percent (20%) of the shares subject to the option grant vested on November 4, 2020, and the remaining eighty percent (80%) of each such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates.