Condoleezza Rice - Dec 10, 2024 Form 4 Insider Report for C3.ai, Inc. (AI)

Role
Director
Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Dec 10, 2024
Transactions value $
-$3,228,830
Form type
4
Date filed
12/12/2024, 07:06 PM
Previous filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AI Class A Common Stock Options Exercise $76.9K +41.4K +55.59% $1.86 116K Dec 10, 2024 Direct F1
transaction AI Class A Common Stock Options Exercise $56K +33.3K +28.8% $1.68 149K Dec 10, 2024 Direct F1
transaction AI Class A Common Stock Sale -$3.36M -74.7K -50.1% $45.01 74.4K Dec 10, 2024 Direct F1, F2
holding AI Class A Common Stock 587 Dec 10, 2024 See Footnote F3

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 Stock Option (Right to Buy) Options Exercise $0 -41.4K -99.25% $0.00 312 Dec 10, 2024 Class A Common Stock 41.4K $1.86 Direct F1, F4, F5
transaction AI Stock Option (Right to Buy) Options Exercise $0 -33.3K -100% $0.00 0 Dec 10, 2024 Class A Common Stock 33.3K $1.68 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated December 26, 2023.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $45.00 to $45.07. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 The shares are held by the Condoleezza Rice Trust Agreement U/A/D 11/24/99, of which the Reporting Person is trustee.
F4 Fully vested.
F5 Due to rounding in connection with the reverse stock split, the total shares include an additional share that was not originally reported on the Reporting Person's Form 3.