Sandeep Sahai - 15 Dec 2023 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Executive Officer, Director
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Sandeep Sahai
Issuer symbol
CWAN
Transactions as of
15 Dec 2023
Net transactions value
-$1,789,180
Form type
4
Filing time
19 Dec 2023, 17:18:12 UTC
Previous filing
16 Nov 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 $516,388 +117,361 +341% $4.40* 151,811 15 Dec 2023 Direct
transaction CWAN Class A Common Stock Sale $982,255 -50,000 -33% $19.65 101,811 15 Dec 2023 Direct F1, F2
transaction CWAN Class A Common Stock Tax liability $1,323,314 -67,361 -66% $19.65 34,450 15 Dec 2023 Direct

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 -117,361 -16% $0.000000 635,075 15 Dec 2023 Class A Common Stock 117,361 $4.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 17, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $19.37 USD to $19.82 USD; the price reported above reflects the weighted average sale price.
F3 Vests 370,000 share(s) on 19-Mar-2019, 370,000 share(s) on 19-Mar-2020, 610,500 share(s) on 02-Nov-2020, 166,500 share(s) on 19-Mar-2021, 166,500 share(s) on 19-Mar-2022, 166,500 share(s) on 19-Mar-2023