Houman Behzadi - 15 Jun 2023 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 Jun 2023
Net transactions value
-$2,074,408
Form type
4
Filing time
20 Jun 2023, 19:39:01 UTC
Previous filing
17 Mar 2023
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 +83,074 +21% 475,550 15 Jun 2023 Direct F1
transaction AI Class A Common Stock Tax liability $2,074,408 -44,736 -9.4% $46.37 430,814 15 Jun 2023 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 -8,074 -20% $0.000000 32,294 15 Jun 2023 Class A Common Stock 8,074 Direct F1, F2
transaction AI Restricted Stock Units Options Exercise $0 -75,000 -7.7% $0.000000 900,000 15 Jun 2023 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.