James Gordon Samson - Dec 20, 2021 Form 4 Insider Report for CLARIVATE Plc (CLVT)

Role
President, IP Group
Signature
/s/ Julio Martin, Attorney in Fact
Stock symbol
CLVT
Transactions as of
Dec 20, 2021
Transactions value $
-$992,119
Form type
4
Date filed
12/21/2021, 04:17 PM
Previous filing
Nov 17, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVT Ordinary Shares Options Exercise $0 +41.7K +4.61% $0.00 946K Dec 20, 2021 Direct
transaction CLVT Ordinary Shares Disposed to Issuer -$992K -41.7K -4.41% $23.78 904K Dec 20, 2021 Direct

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 CLVT Phantom Shares Options Exercise $0 -15.5K -100% $0.00* 0 Dec 20, 2021 Ordinary Shares 41.7K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents phantom awards (the "Phantom Shares") granted to the reporting person under the CPA Global Employee Phantom Share Plan (the "Phantom Plan"), which vested on October 1, 2021. Each Phantom Share is the equivalent of approximately 2.7 ordinary shares of the Issuer and entitle the reporting person to a cash payment equal to the weighted average sale price of all ordinary shares of the Issuer held by Capri Acquisition Topco Limited ("Capri TopCo"), or by an employee benefit trust on behalf of the reporting person, with respect to all Phantom Shares awarded under the Phantom Plan, multiplied by the number of ordinary shares of the Issuer underlying the reporting person's Phantom Shares.
F2 Represents the settlement of Phantom Shares held by the reporting person, as described in more detail in footnote 1, for cash.
F3 The reporting person's Form 3, filed on July 14, 2021, reported the Phantom Shares as indirectly held by Capri Topco. While the ordinary shares of the Issuer underlying the Phantom Shares were held by Capri TopCo, or by an employee benefit trust on behalf of the reporting person, the reporting person directly holds the Phantom Shares.