Bruce A. Cleveland - 17 Sep 2021 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Senior VP and CMO
Signature
/s/ Brady Mickelsen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
17 Sep 2021
Net transactions value
-$457,540
Form type
4
Filing time
21 Sep 2021, 17:59:35 UTC
Previous filing
25 Jun 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 Options Exercise $46,800 +10,000 +46% $4.68 31,867 17 Sep 2021 Direct
transaction AI Class A Common Stock Sale $402,400 -8,000 -25% $50.30 23,867 17 Sep 2021 Direct F1
transaction AI Class A Common Stock Sale $101,940 -2,000 -8.4% $50.97 21,867 17 Sep 2021 Direct F2
holding AI Class A Common Stock 241 17 Sep 2021 See Footnote F3

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 -10,000 -1.1% $0.000000 911,767 17 Sep 2021 Class A Common Stock 10,000 $4.68 Direct F4
* 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 $49.73 to $50.72. 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 $50.75 to $51.27. 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 The shares are held by the Cleveland Family Trust, of which the Reporting Person is trustee.
F4 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.