Edward Y. Abbo - Mar 15, 2024 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Mar 15, 2024
Transactions value $
-$1,322,801
Form type
4
Date filed
3/18/2024, 09:01 PM
Previous filing
Dec 19, 2023
Next filing
Jun 11, 2024

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 +11.42% 810K Mar 15, 2024 Direct F1
transaction AI Class A Common Stock Tax liability -$1.32M -45.7K -5.64% $28.92 765K Mar 15, 2024 Direct F2
holding AI Class A Common Stock 150K Mar 15, 2024 See Footnote F3
holding AI Class A Common Stock 150K Mar 15, 2024 See Footnote F4
holding AI Class A Common Stock 150K Mar 15, 2024 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 Restricted Stock Units Options Exercise $0 -8.07K -50% $0.00 8.07K Mar 15, 2024 Class A Common Stock 8.07K Direct F1, F6
transaction AI Restricted Stock Units Options Exercise $0 -75K -10% $0.00 675K Mar 15, 2024 Class A Common Stock 75K 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 and convert into Class A Common Stock on a one-for-one basis.
F2 Includes 732 shares acquired by Reporting Person under the Issuer's Employee Stock Purchase Plan on March 15, 2024.
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 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.
F7 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.