Subi Sethi - 30 Sep 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: 30 Sep 2024
Transactions value $: -$88,880
Form type: 4
Filing time: 01 Oct 2024, 17:13:00 UTC
Previous filing: 22 Aug 2024
Next filing: 03 Jan 2025
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	+7.81K	+9.55%	$0.00	89.6K	30 Sep 2024	Direct	F1
transaction	CWAN	Class A Common Stock	Tax liability	-$88.9K	-3.52K	-3.93%	$25.25	86.1K	30 Sep 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	-7.14%	$0.00	102K	30 Sep 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 Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F3	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.
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.