Subi Sethi - 31 Mar 2024 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: 31 Mar 2024
Net transactions value: -$62,410
Form type: 4
Filing time: 04 Apr 2024, 09:26:12 UTC
Previous filing: 01 Mar 2024
Next filing: 20 May 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	$0	+7,813	+8.3%	$0.000000	102,357	31 Mar 2024	Direct
transaction	CWAN	Class A Common Stock	Tax liability	$62,410	-3,528	-3.4%	$17.69	98,829	31 Mar 2024	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	Restricted Stock Unit	Options Exercise	$0	-7,813	-6.3%	$0.000000	117,187	31 Mar 2024	Class A Common Stock	7,813	$0.000000	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F2	6.25% of the Restricted Stock Units shall vest at the end of each 3-month period for the next 4 years following January 1, 2024, and will settle within thirty days of the applicable vesting date.
F3	This represents the unvested portion of the RSUs granted on February 28, 2024 and does not include other RSUs with different grant dates or vesting terms.