Thomas M. Siebel - Nov 1, 2023 Form 4 Insider Report for C3.ai, Inc. (AI)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Eric Jensen, Attorney-in-Fact
Stock symbol: AI
Transactions as of: Nov 1, 2023
Transactions value $: -$631,370
Form type: 4
Date filed: 11/2/2023, 09:20 PM
Previous filing: Aug 2, 2023
Next filing: Dec 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Options Exercise		+53.1K	+3.02%		1.81M	Nov 1, 2023	Direct	F1
transaction	AI	Class A Common Stock	Tax liability	-$631K	-26.3K	-1.46%	$23.97	1.78M	Nov 1, 2023	Direct
transaction	AI	Class A Common Stock	Gift	$0	-26.8K	-1.5%	$0.00	1.76M	Nov 2, 2023	Direct
transaction	AI	Class A Common Stock	Gift	$0	+26.8K	+0.73%	$0.00	3.68M	Nov 2, 2023	See Footnote	F2
holding	AI	Class A Common Stock						9.22K	Nov 1, 2023	See Footnote	F3
holding	AI	Class A Common Stock						170K	Nov 1, 2023	See Footnote	F4
holding	AI	Class A Common Stock						72.7K	Nov 1, 2023	See Footnote	F5
holding	AI	Class A Common Stock						1.24M	Nov 1, 2023	See Footnote	F6

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	-53.1K	-9.09%	$0.00	531K	Nov 1, 2023	Class A Common Stock	53.1K		Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2	The shares are held by The Siebel Living Trust u/a/d 7/27/93, as amended, of which the Reporting Person is trustee.
F3	The shares are held by First Virtual Holdings, LLC, of which the Reporting Person is Chairman.
F4	The shares are held by Siebel Asset Management, L.P., of which the Reporting Person is the general partner.
F5	The shares are held by Siebel Asset Management III, L.P., of which the Reporting Person is the general partner.
F6	The shares are held by The Siebel 2011 Irrevocable Children's Trust, of which the Reporting Person is co-trustee.
F7	6.25% of each such RSU award vested on August 1, 2022 and 6.25% of each such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.