RICHARD C. LEVIN - 31 Jul 2023 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Director
Signature
/s/ Eric Jensen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
31 Jul 2023
Net transactions value
-$504,000
Form type
4
Filing time
02 Aug 2023, 18:18:38 UTC
Previous filing
11 Jul 2023
Next filing
06 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Sale $504,000 -12,000 -6.9% $42.00 161,664 31 Jul 2023 Direct F1, F2
* 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 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated March 30, 2023.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $42.00 to $42.01. 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.