James S. Cox - 15 Nov 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Issuer symbol
CWAN
Transactions as of
15 Nov 2024
Net transactions value
-$994,426
Form type
4
Filing time
18 Nov 2024, 17:20:19 UTC
Previous filing
16 Oct 2024
Next filing
17 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $142,956 +32,490 +15% $4.40 256,534 15 Nov 2024 Direct
transaction CWAN Class A Common Stock Tax liability $570,070 -18,790 -7.3% $30.34 237,744 15 Nov 2024 Direct
transaction CWAN Class A Common Stock Sale $415,644 -13,700 -5.8% $30.34 224,044 15 Nov 2024 Direct F1, F2
transaction CWAN Class A Common Stock Sale $151,668 -5,000 -2.2% $30.33 219,044 15 Nov 2024 Direct F1, F3

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 Stock Option (Right to Buy) Options Exercise $0 -32,490 -44% $0.000000 41,983 15 Nov 2024 Class A Common Stock 32,490 $4.40 Direct F4
* 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 March 11, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $30.00 USD to $30.62 USD; the price reported above reflects the weighted average sale price.
F3 This transaction was executed in multiple trades at prices ranging from $30.01 USD to $30.60 USD; the price reported above reflects the weighted average sale price.
F4 Vests 120,000 share(s) on 20-May-2020, 198,000 share(s) on 02-Nov-2020, 70,500 share(s) on 20-May-2021, 70,500 share(s) on 20-May-2022, 70,500 share(s) on 20-May-2023, 70,500 share(s) on 20-May-2024