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
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 +4.69K +3.53% $0.00 138K 31 Mar 2025 Direct
transaction CWAN Class A Common Stock Tax liability -$63.8K -2.38K -1.73% $26.80 135K 31 Mar 2025 Direct F1
transaction CWAN Class A Common Stock Options Exercise $0 +5.16K +3.81% $0.00 140K 31 Mar 2025 Direct
transaction CWAN Class A Common Stock Tax liability -$70.2K -2.62K -1.87% $26.80 138K 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 -4.69K -8.33% $0.00 51.6K 31 Mar 2025 Class A Common Stock 4.69K $0.00 Direct F2
transaction CWAN Restricted Stock Unit Options Exercise $0 -5.16K -6.25% $0.00 77.3K 31 Mar 2025 Class A Common Stock 5.16K $0.00 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.