Souvik Das - 31 Dec 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role: Chief Technology Officer
Signature: /s/ Alphonse Valbrune, as Attorney-in-Fact for Souvik Das
Issuer symbol: CWAN
Transactions as of: 31 Dec 2024
Net transactions value: -$1,169,160
Form type: 4
Filing time: 03 Jan 2025, 16:10:54 UTC
Previous filing: 01 Oct 2024
Next filing: 18 Feb 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	+4,687	+32%	$0.000000	19,415	31 Dec 2024	Direct	F1
transaction	CWAN	Class A Common Stock	Tax liability	$65,388	-2,376	-12%	$27.52	17,039	31 Dec 2024	Direct	F2
transaction	CWAN	Class A Common Stock	Options Exercise	$0	+75,000	+440%	$0.000000	92,039	01 Jan 2025	Direct
transaction	CWAN	Class A Common Stock	Tax liability	$907,224	-32,966	-36%	$27.52	59,073	01 Jan 2025	Direct	F2
transaction	CWAN	Class A Common Stock	Options Exercise	$0	+9,375	+16%	$0.000000	68,448	01 Jan 2025	Direct
transaction	CWAN	Class A Common Stock	Tax liability	$131,023	-4,761	-7%	$27.52	63,687	01 Jan 2025	Direct	F2
transaction	CWAN	Class A Common Stock	Options Exercise	$0	+4,688	+7.4%	$0.000000	68,375	01 Jan 2025	Direct
transaction	CWAN	Class A Common Stock	Tax liability	$65,525	-2,381	-3.5%	$27.52	65,994	01 Jan 2025	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	-4,687	-7.7%	$0.000000	56,250	31 Dec 2024	Class A Common Stock	4,687	$0.000000	Direct	F3, F4
transaction	CWAN	Restricted Stock Unit	Options Exercise	$0	-75,000	-33%	$0.000000	150,000	01 Jan 2025	Class A Common Stock	75,000	$0.000000	Direct	F5, F6
transaction	CWAN	Restricted Stock Unit	Options Exercise	$0	-9,375	-50%	$0.000000	9,375	01 Jan 2025	Class A Common Stock	9,375	$0.000000	Direct	F7, F8
transaction	CWAN	Restricted Stock Unit	Options Exercise	$0	-4,688	-50%	$0.000000	4,687	01 Jan 2025	Class A Common Stock	4,688	$0.000000	Direct	F7, F9

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

Explanation of Responses:

Id	Content
F1	Reflects a correction to the previously reported amount of securities beneficially owned. As a result of a scrivener's error, a Form 4 was filed on March 1, 2024 that resulted in the number of securities beneficially owned by the Reporting Person to be understated by 1,563 shares.
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.
F5	The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable vesting date, beginning on 01-Jan-2023
F6	This represents the unvested portion of the RSUs granted on February 20, 2023 and does not include other RSUs with different grant dates or vesting terms.
F7	The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable vesting date, beginning on 01-Jan-2022
F8	This represents the unvested portion of the RSUs granted on March 18, 2022 and does not include other RSUs with different grant dates or vesting terms.
F9	This represents the unvested portion of the RSUs granted on September 24, 2021 and does not include other RSUs with different grant dates or vesting terms.