Souvik Das - Jan 8, 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Technology Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact for Souvik Das
Stock symbol
CWAN
Transactions as of
Jan 8, 2024
Transactions value $
-$601,143
Form type
4
Date filed
1/10/2024, 01:18 PM
Previous filing
Jan 3, 2024
Next filing
Apr 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Sale -$601K -30.6K -56.21% $19.65 23.8K Jan 8, 2024 Direct F1, F2
* 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 August 28, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $19.54 USD to $19.89 USD; the price reported above reflects the weighted average sale price.