Souvik Das - 31 Mar 2025 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 Mar 2025
Net transactions value
-$134,000
Form type
4
Filing time
02 Apr 2025, 10:56:27 UTC
Previous filing
21 Feb 2025
Next filing
02 Jul 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 +4,688 +3.5% $0.000000 137,588 31 Mar 2025 Direct
transaction CWAN Class A Common Stock Tax liability $63,811 -2,381 -1.7% $26.80 135,207 31 Mar 2025 Direct F1
transaction CWAN Class A Common Stock Options Exercise $0 +5,156 +3.8% $0.000000 140,363 31 Mar 2025 Direct
transaction CWAN Class A Common Stock Tax liability $70,189 -2,619 -1.9% $26.80 137,744 31 Mar 2025 Direct F1

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 -4,688 -8.3% $0.000000 51,562 31 Mar 2025 Class A Common Stock 4,688 $0.000000 Direct F2
transaction CWAN Restricted Stock Unit Options Exercise $0 -5,156 -6.2% $0.000000 77,344 31 Mar 2025 Class A Common Stock 5,156 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
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, 2025, and will settle within thirty days of the applicable vesting date.