Subi Sethi - 15 Sep 2023 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Client Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Subi Sethi
Issuer symbol
CWAN
Transactions as of
15 Sep 2023
Net transactions value
-$371,184
Form type
4
Filing time
19 Sep 2023, 11:51:40 UTC
Previous filing
08 Sep 2023
Next filing
03 Jan 2024
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 $110,000 +25,000 +2488% $4.40 26,005 15 Sep 2023 Direct
transaction CWAN Class A Common Stock Tax liability $221,568 -11,540 -44% $19.20 14,465 15 Sep 2023 Direct
transaction CWAN Class A Common Stock Sale $259,616 -13,460 -93% $19.29 1,005 15 Sep 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 Stock Option (Right to Buy) Options Exercise $0 -25,000 -20% $0.000000 99,556 15 Sep 2023 Class A Common Stock 25,000 $4.40 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 $19.20 USD to $19.37 USD; the price reported above reflects the weighted average sale price.
F2 Vests 61,875 share(s) on 02-Nov-2020, 25,125 share(s) on 05-Mar-2021, 25,125 share(s) on 01-Jan-2022, 25,125 share(s) on 01-Jan-2023, 25,125 share(s) on 01-Jan-2024, 25,125 share(s) on 01-Jan-2025