Merel Witteveen - Aug 24, 2024 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Senior VP, Operations
Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Aug 24, 2024
Transactions value $
-$20,229
Form type
4
Date filed
8/27/2024, 05:47 PM
Previous filing
Aug 20, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Options Exercise +1.5K +24.28% 7.68K Aug 24, 2024 Direct F1
transaction AI Class A Common Stock Tax liability -$20.2K -825 -10.74% $24.52 6.85K Aug 24, 2024 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 Resticted Stock Units Options Exercise $0 -1.5K -11.11% $0.00 12K Aug 24, 2024 Class A Common Stock 1.5K Direct F1, F2
transaction AI Restricted Stock Units Award $0 +40K $0.00 40K Aug 26, 2024 Class A Common Stock 40K 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 (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 20% of such RSU award vested on June 23, 2022 and 5% of such RSU award vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
F3 20% of such RSU award shall vest on August 15, 2025 and 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.