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

Role
Chief Financial Officer
Signature
Leanne Fitzgerald attorney-in-fact
Issuer symbol
CRNC
Transactions as of
11 Nov 2021
Net transactions value
+$499
Form type
4
Filing time
15 Nov 2021, 15:52:45 UTC
Previous filing
08 Oct 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNC Common Stock Award $36.23 +3,623 +4.8% $0.0100* 79,388 11 Nov 2021 Direct F1
transaction CRNC Common Stock Award $462 +46,239 +58% $0.0100* 125,627 11 Nov 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.