Hitesh Lath - 15 Sep 2024 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Eric Jensen
Issuer symbol
AI
Transactions as of
15 Sep 2024
Net transactions value
-$93,357
Form type
4
Filing time
17 Sep 2024, 17:29:46 UTC
Previous filing
13 Sep 2024
Next filing
11 Dec 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 +8,008 +105% 15,648 15 Sep 2024 Direct F1
transaction AI Class A Common Stock Tax liability $93,357 -4,059 -25% $23.00 12,190 15 Sep 2024 Direct F2

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 -8,008 -5.6% $0.000000 136,131 15 Sep 2024 Class A Common Stock 8,008 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 and convert into Class A Common Stock on a one-for-one basis.
F2 Includes 601 shares acquired by Reporting Person under the Issuer's Employee Stock Purchase Plan on September 15, 2024.
F3 Five percent (5%) of such RSU award vested on March 15, 2024 and five percent (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.