Sandeep Sahai - Dec 15, 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
Stock symbol
CWAN
Transactions as of
Dec 15, 2023
Transactions value $
-$1,789,180
Form type
4
Date filed
12/19/2023, 05:18 PM
Previous filing
Nov 16, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $516K +117K +340.67% $4.40* 152K Dec 15, 2023 Direct
transaction CWAN Class A Common Stock Sale -$982K -50K -32.94% $19.65 102K Dec 15, 2023 Direct F1, F2
transaction CWAN Class A Common Stock Tax liability -$1.32M -67.4K -66.16% $19.65 34.5K Dec 15, 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 -117K -15.6% $0.00 635K Dec 15, 2023 Class A Common Stock 117K $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