Subi Sethi - Jun 30, 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
Stock symbol: CWAN
Transactions as of: Jun 30, 2024
Transactions value $: -$65,172
Form type: 4
Date filed: 7/1/2024, 04:47 PM
Previous filing: Jun 10, 2024
Next filing: Aug 22, 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	+7.81K	+10.08%	$0.00	85.3K	Jun 30, 2024	Direct	F1
transaction	CWAN	Class A Common Stock	Tax liability	-$65.2K	-3.52K	-4.12%	$18.52	81.8K	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	-7.81K	-6.67%	$0.00	109K	Jun 30, 2024	Class A Common Stock	7.81K	$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.