Houman Behzadi - Jun 15, 2023 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: Jun 15, 2023
Transactions value $: -$2,074,408
Form type: 4
Date filed: 6/20/2023, 07:39 PM
Previous filing: Mar 17, 2023

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	+21.17%		476K	Jun 15, 2023	Direct	F1
transaction	AI	Class A Common Stock	Tax liability	-$2.07M	-44.7K	-9.41%	$46.37	431K	Jun 15, 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	-8.07K	-20%	$0.00	32.3K	Jun 15, 2023	Class A Common Stock	8.07K		Direct	F1, F2
transaction	AI	Restricted Stock Units	Options Exercise	$0	-75K	-7.69%	$0.00	900K	Jun 15, 2023	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.