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

Signature
Leanne Fitzgerald attorney-in-fact
Stock symbol
CRNC
Transactions as of
Oct 15, 2021
Transactions value $
-$2,147,487
Form type
4
Date filed
10/19/2021, 04:32 PM
Previous filing
Oct 8, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNC Common Stock Sale -$1.81M -19.6K -9.44% $92.56 188K Oct 15, 2021 Direct F1, F2, F3
transaction CRNC Common Stock Sale -$334K -3.59K -1.91% $93.18 184K Oct 15, 2021 Direct F1, F2, F4
* 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 $92.00 to $92.98 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 $93.05 to $93.58 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.