Edward Y. Abbo - 27 Jun 2023 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Chief Technology Officer
Signature
/s/ Eric C. Jensen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
27 Jun 2023
Net transactions value
-$13,133,058
Form type
4
Filing time
29 Jun 2023, 20:09:00 UTC
Previous filing
22 Jun 2023
Next filing
19 Sep 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 $279,538 +179,191 +54% $1.56* 508,301 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Options Exercise $180,000 +107,143 +21% $1.68* 615,444 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Options Exercise $465,000 +250,000 +41% $1.86* 865,444 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Options Exercise $135,005 +47,874 +5.5% $2.82* 913,318 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Options Exercise $520,706 +114,190 +13% $4.56* 1,027,508 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Options Exercise $368,694 +80,854 +7.9% $4.56* 1,108,362 27 Jun 2023 Direct F1
transaction AI Class A Common Stock Sale $15,082,002 -457,585 -41% $32.96 650,777 27 Jun 2023 Direct F1, F2
holding AI Class A Common Stock 149,577 27 Jun 2023 See Footnote F3
holding AI Class A Common Stock 149,578 27 Jun 2023 See Footnote F4
holding AI Class A Common Stock 149,578 27 Jun 2023 See Footnote F5

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 -179,191 -100% $0.000000* 0 27 Jun 2023 Class A Common Stock 179,191 $1.56 Direct F1, F6
transaction AI Stock Option (Right to Buy) Options Exercise $0 -107,143 -100% $0.000000* 0 27 Jun 2023 Class A Common Stock 107,143 $1.68 Direct F1, F6
transaction AI Stock Option (Right to Buy) Options Exercise $0 -250,000 -100% $0.000000* 0 27 Jun 2023 Class A Common Stock 250,000 $1.86 Direct F1, F6
transaction AI Stock Option (Right to Buy) Options Exercise $0 -47,874 -100% $0.000000* 0 27 Jun 2023 Class A Common Stock 47,874 $2.82 Direct F1, F6, F7
transaction AI Stock Option (Right to Buy) Options Exercise $0 -114,190 -79% $0.000000 30,548 27 Jun 2023 Class A Common Stock 114,190 $4.56 Direct F1, F8
transaction AI Stock Option (Right to Buy) Options Exercise $0 -80,854 -56% $0.000000 63,884 27 Jun 2023 Class A Common Stock 80,854 $4.56 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction pursuant to a previously established Rule 10b5-1 Plan dated March 22, 2023.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $32.68 to $33.50. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 The shares are held by the Abbo 2012 Children's Trust FBO Casey Cecile Abbo, of which the Reporting Person is trustee.
F4 The shares are held by the Abbo 2012 Children's Trust FBO Dana Lauren Abbo, of which the Reporting Person is trustee.
F5 The shares are held by the Abbo 2012 Children's Trust FBO Layla Grace Abbo, of which the Reporting Person is trustee.
F6 Fully vested.
F7 Due to rounding in connection with the reverse stock split, the total shares include 2 additional shares that was not originally reported on the Reporting Person's Form 3
F8 Twenty percent (20%) of the shares subject to the option grant vested on May 1, 2020, and the remaining eighty percent (80%) of such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates.
F9 Twenty percent (20%) of the shares subject to the option grant vested on May 1, 2021, and the remaining eighty percent (80%) of such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates.