James Price - Jan 1, 2023 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Quality Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact for James Price
Stock symbol
CWAN
Transactions as of
Jan 1, 2023
Transactions value $
-$97,350
Form type
4
Date filed
1/4/2023, 04:20 PM
Previous filing
Dec 8, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $0 +15.7K +25.16% $0.00 78K Jan 1, 2023 Direct
transaction CWAN Class A Common Stock Tax liability -$97.4K -5.19K -6.66% $18.75 72.8K Jan 1, 2023 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 Restricted Stock Unit Options Exercise $0 -15.7K -25% $0.00 47K Jan 1, 2023 Class A Common Stock 15.7K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F2 The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable. The Vesting Period Commencement Date began on 01-Jan-2022
F3 This represents the unvested portion of the RSUs granted on September 24, 2021 and does not include other RSUs with different vesting terms.