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

Role
Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact for Joseph Kochansky
Issuer symbol
CWAN
Transactions as of
13 Dec 2022
Net transactions value
-$563,418
Form type
4
Filing time
15 Dec 2022, 16:00:01 UTC
Previous filing
30 Jun 2022
Next filing
19 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $3,712,800 +260,000 +461% $14.28 316,431 13 Dec 2022 Direct
transaction CWAN Class A Common Stock Tax liability $4,241,068 -232,260 -73% $18.26 84,171 13 Dec 2022 Direct
transaction CWAN Class A Common Stock Sale $35,150 -1,900 -2.3% $18.50 82,271 14 Dec 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 -260,000 -19% $0.000000 1,115,000 13 Dec 2022 Class A Common Stock 260,000 $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