Stephen Ward Jr - Jul 1, 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
Jul 1, 2021
Transactions value $
-$1,236,618
Form type
4
Date filed
7/6/2021, 04:01 PM
Previous filing
Jun 30, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Gift $0 -3K -0.61% $0.00 488K Jun 22, 2021 Direct
transaction AI Class A Common Stock Options Exercise $25.6K +12.5K +2.57% $2.04* 500K Jul 1, 2021 Direct F1
transaction AI Class A Common Stock Sale -$429K -6.88K -1.38% $62.39 493K Jul 1, 2021 Direct F1, F2
transaction AI Class A Common Stock Sale -$577K -9.12K -1.85% $63.30 484K Jul 1, 2021 Direct F1, F3
transaction AI Class A Common Stock Sale -$256K -4K -0.83% $63.91 480K Jul 1, 2021 Direct F1, F4

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 -12.5K -13.02% $0.00 83.7K Jul 1, 2021 Class A Common Stock 12.5K $2.04 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction pursuant to a previously established Rule 10b5-1 Plan.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $61.78 to $62.76. 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 $62.78 to $63.77. 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 $63.78 to $64.29. 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 Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on November 8, 2017 (the "Vesting Commencement Date"), then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.