Mark J. Gallenberger - Nov 11, 2021 Form 4 Insider Report for Cerence Inc. (CRNC)

Role
Chief Financial Officer
Signature
Leanne Fitzgerald attorney-in-fact
Stock symbol
CRNC
Transactions as of
Nov 11, 2021
Transactions value $
$499
Form type
4
Date filed
11/15/2021, 03:52 PM
Previous filing
Oct 8, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNC Common Stock Award $36.20 +3.62K +4.78% $0.01* 79.4K Nov 11, 2021 Direct F1
transaction CRNC Common Stock Award $462 +46.2K +58.24% $0.01* 126K Nov 11, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units that will vest 100% on November 22, 2021, issued pursuant to the Company's FY2021 Short-Term Incentive Program.
F2 These shares are pursuant to a performance-based restricted stock unit agreement with the Company whereby targets defined by the Compensation Committee were deemed to be achieved for fiscal year 2021.