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

Role
Senior VP, Operations
Signature
/s/ Eric Jensen, Attorney-in-Fact
Issuer symbol
AI
Transactions as of
24 Aug 2024
Net transactions value
-$20,229
Form type
4
Filing time
27 Aug 2024, 17:47:44 UTC
Previous filing
20 Aug 2024
Next filing
10 Sep 2024
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 +1,500 +24% 7,678 24 Aug 2024 Direct F1
transaction AI Class A Common Stock Tax liability $20,229 -825 -11% $24.52 6,853 24 Aug 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 -1,500 -11% $0.000000 12,000 24 Aug 2024 Class A Common Stock 1,500 Direct F1, F2
transaction AI Restricted Stock Units Award $0 +40,000 $0.000000 40,000 26 Aug 2024 Class A Common Stock 40,000 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.