Scott Erickson - Jun 30, 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role
Chief Revenue Officer
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Scott Erickson
Stock symbol
CWAN
Transactions as of
Jun 30, 2024
Transactions value $
-$29,558
Form type
4
Date filed
7/1/2024, 04:46 PM
Previous filing
Jun 10, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $0 +3.13K +94.27% $0.00 6.44K Jun 30, 2024 Direct F1
transaction CWAN Class A Common Stock Tax liability -$29.6K -1.6K -24.78% $18.52 4.84K Jun 30, 2024 Direct F2

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 -3.13K -6.67% $0.00 43.8K Jun 30, 2024 Class A Common Stock 3.13K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent shares acquired upon the vesting of Restricted Stock Units ("RSUs").
F2 The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F3 6.25% of the RSUs 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.
F4 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.

Remarks:

Chief Revenue Officer