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

Role
Chief Product Officer
Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Sep 15, 2022
Transactions value $
-$1,457,101
Form type
4
Date filed
9/19/2022, 07:22 PM
Previous filing
Jun 24, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Options Exercise +83.1K +25.06% 415K Sep 15, 2022 Direct F1
transaction AI Class A Common Stock Tax liability -$1.46M -98.6K -23.78% $14.78 316K Sep 15, 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 -8.07K -12.5% $0.00 56.5K Sep 15, 2022 Class A Common Stock 8.07K Direct F1, F2
transaction AI Restricted Stock Units Options Exercise $0 -75K -6.25% $0.00 1.13M Sep 15, 2022 Class A Common Stock 75K 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.