Jim H. Snabe - Dec 17, 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 17, 2024
Transactions value $
-$16,131,983
Form type
4
Date filed
12/19/2024, 05:33 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 $163K +41.7K +416.67% $3.90 51.7K Dec 17, 2024 Direct F1
transaction AI Class A Common Stock Options Exercise $4.84M +433K +838.71% $11.16 485K Dec 17, 2024 Direct F1
transaction AI Class A Common Stock Options Exercise $272K +20.1K +4.15% $13.49 505K Dec 17, 2024 Direct F1
transaction AI Class A Common Stock Options Exercise $110K +4.56K +0.9% $24.11 510K Dec 17, 2024 Direct F1
transaction AI Class A Common Stock Sale -$21.5M -500K -98.04% $43.05 10K Dec 17, 2024 Direct F1, F2
holding AI Class A Common Stock 28K Dec 17, 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 -41.7K -100% $0.00 0 Dec 17, 2024 Class A Common Stock 41.7K $3.90 Direct F1, F4
transaction AI Stock Option (Right to Buy) Options Exercise $0 -433K -80% $0.00 108K Dec 17, 2024 Class A Common Stock 433K $11.16 Direct F1, F5
transaction AI Stock Option (Right to Buy) Options Exercise $0 -20.1K -40% $0.00 30.2K Dec 17, 2024 Class A Common Stock 20.1K $13.49 Direct F1, F6
transaction AI Stock Option (Right to Buy) Options Exercise $0 -4.56K -20% $0.00 18.2K Dec 17, 2024 Class A Common Stock 4.56K $24.11 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of previously-reported stock options and sale of shares issued upon such exercise to satisfy "exit tax" obligations with respect to vested but unexercised stock options held by Mr. Snabe, which are being imposed in connection with to Mr. Snabe's emigration from Denmark.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $42.76 to $43.63. 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 BJHS Invest ApS, of which the Reporting Person is the sole member.
F4 Fully vested.
F5 Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on November 1, 2020 (the "Vesting Commencement Date"), then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
F6 Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on October 5, 2022 (the "Vesting Commencement Date"), then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
F7 Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on October 4, 2023, then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, if any, equal to 5% of the shares subject to the option shall vest only following the fifth anniversary of the effective grant date, if the Reporting Person satisfies the attendance requirements in subsequent periods.