Patricia A. House - Dec 20, 2021 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Director
Signature
/s/ Richard J. Lutton, Jr., Attorney-in-Fact
Stock symbol
AI
Transactions as of
Dec 20, 2021
Transactions value $
$456,944
Form type
4
Date filed
12/22/2021, 04:39 PM
Previous filing
Oct 8, 2021
Next filing
Oct 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Options Exercise $2.8K +1.67K +3.81% $1.68 45.4K Dec 20, 2021 Direct
transaction AI Class A Common Stock Options Exercise $11.6K +6.25K +13.77% $1.86 51.6K Dec 20, 2021 Direct
transaction AI Class A Common Stock Options Exercise $6.55K +3.21K +6.22% $2.04 54.9K Dec 20, 2021 Direct
transaction AI Class A Common Stock Options Exercise $13.7K +3.52K +6.41% $3.90 58.4K Dec 20, 2021 Direct
transaction AI Class A Common Stock Options Exercise $422K +37.8K +64.82% $11.16 96.2K Dec 20, 2021 Direct
holding AI Class A Common Stock 218K Dec 20, 2021 See Footnote F1

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 -1.67K -100% $0.00* 0 Dec 20, 2021 Class A Common Stock 1.67K $1.68 Direct F2
transaction AI Stock Option (Right to Buy) Options Exercise $0 -6.25K -100% $0.00* 0 Dec 20, 2021 Class A Common Stock 6.25K $1.86 Direct F2
transaction AI Stock Option (Right to Buy) Options Exercise $0 -3.21K -14.29% $0.00 19.2K Dec 20, 2021 Class A Common Stock 3.21K $2.04 Direct F3, F4
transaction AI Stock Option (Right to Buy) Options Exercise $0 -3.52K -9.09% $0.00 35.2K Dec 20, 2021 Class A Common Stock 3.52K $3.90 Direct F4, F5
transaction AI Stock Option (Right to Buy) Options Exercise $0 -37.8K -25% $0.00 113K Dec 20, 2021 Class A Common Stock 37.8K $11.16 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the Patricia A. House 2020 2 Year GRAT created UTA dated September 22, 2020, of which the Reporting Person is trustee.
F2 Fully vested.
F3 Provided the Reporting Person remains a director of C3.ai, Inc. (the "Company") and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on November 8, 2017, then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "First Option 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 First Option Quarterly Shares shall not occur and will be suspended (any such suspended First Option Quarterly Shares being referred to collectively as the "First Option Suspended Shares"). For any First Option Suspended Shares, such shares shall vest only following the fifth anniversary of November 8, 2017, if the Reporting Person satisfies the attendance requirements in subsequent periods.
F4 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.
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 28, 2018, then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Second Option 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 Second Option Quarterly Shares shall not occur and will be suspended (any such suspended Second Option Quarterly Shares being referred to collectively as the "Second Option Suspended Shares"). For any Second Option Suspended Shares, such shares shall vest only following the fifth anniversary of November 28, 2018, if the Reporting Person satisfies the attendance requirements in subsequent periods.
F6 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 August 28, 2020, then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Third Option 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 Third Option Quarterly Shares shall not occur and will be suspended (any such suspended Third Option Quarterly Shares being referred to collectively as the "Third Option Suspended Shares"). For any Third Option Suspended Shares, such shares shall vest only following the fifth anniversary of August 28, 2020, if the Reporting Person satisfies the attendance requirements in subsequent periods.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney