Houman Behzadi - 15 Sep 2022 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Chief Product Officer
Signature
/s/ Eric Jensen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
15 Sep 2022
Net transactions value
-$1,457,101
Form type
4
Filing time
19 Sep 2022, 19:22:43 UTC
Previous filing
24 Jun 2022
Next filing
19 Dec 2022
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 +83,073 +25% 414,506 15 Sep 2022 Direct F1
transaction AI Class A Common Stock Tax liability $1,457,101 -98,586 -24% $14.78 315,920 15 Sep 2022 Direct

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 Restricted Stock Units Options Exercise $0 -8,073 -12% $0.000000 56,515 15 Sep 2022 Class A Common Stock 8,073 Direct F1, F2
transaction AI Restricted Stock Units Options Exercise $0 -75,000 -6.2% $0.000000 1,125,000 15 Sep 2022 Class A Common Stock 75,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement and convert into Class A Common Stock on a one-for-one basis.
F2 12.5% of such RSU award vested on September 15, 2022 and 12.5% of such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
F3 6.25% of such RSU award vested on September 15, 2022 and 6.25% of such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.