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

Signature
/s/ Eric Jensen, Attorney-in-Fact
Stock symbol
AI
Transactions as of
Dec 15, 2024
Transactions value $
-$327,408
Form type
4
Date filed
12/17/2024, 08:59 PM
Previous filing
Dec 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 +8.01K +940.89% 8.86K Dec 15, 2024 Direct F1
transaction AI Class A Common Stock Tax liability -$160K -4.06K -45.81% $39.46 4.8K Dec 15, 2024 Direct
transaction AI Class A Common Stock Sale -$167K -3.95K -82.27% $42.36 851 Dec 17, 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 -8.01K -5.88% $0.00 128K Dec 15, 2024 Class A Common Stock 8.01K Direct F1, F3
* 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 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 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated March 27, 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.