James S. Cox - Aug 3, 2023 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Stock symbol
CWAN
Transactions as of
Aug 3, 2023
Transactions value $
-$676,256
Form type
4
Date filed
8/7/2023, 02:20 PM
Previous filing
Feb 22, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $2.2K +500 +0.65% $4.40 77.9K Aug 3, 2023 Direct
transaction CWAN Class A Common Stock Sale -$8.94K -500 -0.64% $17.89 77.4K Aug 3, 2023 Direct F1, F2
transaction CWAN Class A Common Stock Options Exercise $174K +39.5K +51.05% $4.40 117K Aug 4, 2023 Direct
transaction CWAN Class A Common Stock Sale -$708K -39.5K -33.8% $17.93 77.4K Aug 4, 2023 Direct F1, F3
transaction CWAN Class A Common Stock Options Exercise $44K +10K +12.92% $4.40 87.4K Aug 4, 2023 Direct
transaction CWAN Class A Common Stock Sale -$179K -10K -11.45% $17.93 77.4K Aug 4, 2023 Direct F1, 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 CWAN Stock Option (Right to Buy) Options Exercise $0 -500 -0.08% $0.00 609K Aug 3, 2023 Class A Common Stock 500 $4.40 Direct F4
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -39.5K -6.49% $0.00 569K Aug 4, 2023 Class A Common Stock 39.5K $4.40 Direct F4
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -10K -3.16% $0.00 306K Aug 4, 2023 Class A Common Stock 10K $4.40 Direct F5
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $17.88 USD to $17.89 USD; the price reported above reflects the weighted average sale price.
F3 This transaction was executed in multiple trades at prices ranging from $17.88 USD to $18.00 USD; the price reported above reflects the weighted average sale price.
F4 Vests 297,000 share(s) on 02-Nov-2020, 180,000 share(s) on 21-Jan-2020, 105,750 share(s) on 05-Mar-2021, 105,750 share(s) on 01-Jan-2022, 105,750 share(s) on 01-Jan-2023, 105,750 share(s) on 01-Jan-2024
F5 Vests 120,000 share(s) on 20-May-2020, 198,000 share(s) on 02-Nov-2020, 70,500 share(s) on 20-May-2021, 70,500 share(s) on 20-May-2022, 70,500 share(s) on 20-May-2023, 70,500 share(s) on 20-May-2024