Sanjay Dhawan - 15 Jul 2021 Form 4 Insider Report for Cerence Inc. (CRNC)

Signature
Leanne Fitzgerald attorney-in-fact
Issuer symbol
CRNC
Transactions as of
15 Jul 2021
Net transactions value
-$2,816,716
Form type
4
Filing time
16 Jul 2021, 16:30:47 UTC
Previous filing
08 Jul 2021
Next filing
08 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNC Common Stock Sale $760,406 -7,065 -2.5% $107.63 279,694 15 Jul 2021 Direct F1, F2, F3
transaction CRNC Common Stock Sale $978,002 -9,018 -3.2% $108.45 270,676 15 Jul 2021 Direct F1, F2, F4
transaction CRNC Common Stock Sale $956,615 -8,757 -3.2% $109.24 261,919 15 Jul 2021 Direct F1, F2, F5
transaction CRNC Common Stock Sale $121,693 -1,100 -0.42% $110.63 260,819 15 Jul 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021.
F2 These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020.
F3 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $107.00 to $107.79 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F4 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $108.04 to $109.03 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F5 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $109.055 to $109.49 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.