Joseph Kochansky - Dec 13, 2022 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact for Joseph Kochansky
Stock symbol
CWAN
Transactions as of
Dec 13, 2022
Transactions value $
-$563,418
Form type
4
Date filed
12/15/2022, 04:00 PM
Previous filing
Jun 30, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $3.71M +260K +460.74% $14.28 316K Dec 13, 2022 Direct
transaction CWAN Class A Common Stock Tax liability -$4.24M -232K -73.4% $18.26 84.2K Dec 13, 2022 Direct
transaction CWAN Class A Common Stock Sale -$35.2K -1.9K -2.26% $18.50 82.3K Dec 14, 2022 Direct F1

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 CWAN Stock Option (Right to Buy) Options Exercise $0 -260K -18.91% $0.00 1.12M Dec 13, 2022 Class A Common Stock 260K $14.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $18.50 USD to $18.50 USD; the price reported above reflects the weighted average sale price.
F2 25% on anniversary date of grant, 1/48th thereafter on last day of month for 3 years beginning on 28-Jun-2021