Key facts
- This page summarizes Alphonse Valbrune's Form 4 filing for Clearwater Analytics Holdings, Inc. (CWAN).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 22 Feb 2023, 17:24.
Alphonse Valbrune - 20 Feb 2023 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)
- Reporting relationship
- Chief Legal Officer
- Issuer ticker
- CWAN
- Reported as of
- 20 Feb 2023
- Net transaction value
- -$172,061
- SEC form
- 4
- Accepted by SEC
- 22 Feb 2023, 17:24:19 UTC
- Prior SEC filing
- 04 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alphonse Valbrune
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Alphonse Valbrune filed Form 4 for Clearwater Analytics Holdings, Inc. (CWAN) on 22 Feb 2023.
Change
- Previous filing in this sequence was filed on 04 Jan 2023.
- Current net transaction value: -$172,061.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CWAN
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +29,896
- Change %
- +171%
- Price
- $0.000000
- Shares after
- 47,380
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F1, F2
CWAN
transaction
Class A Common Stock
Tax liability
- Transaction value
- $172,061
- Shares
- -8,999
- Change %
- -19%
- Price
- $19.12
- Shares after
- 38,381
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CWAN
transaction
Derivative
Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +75,000
- Change %
- Price
- $0.000000
- Shares after
- 75,000
- Date
- 20 Feb 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 75,000
- Exercise price
- Footnotes
- F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The Class A Common Stock represents shares acquired by the Reporting Person from the vesting of performance stock units ("PSUs") issued to the Reporting Person on September 24, 2021. The eligible PSUs vested based on the Issuer's achievement of certain performance criteria based on revenue growth in 2022.
Footnote F2
Includes 495 shares of Class A Common Stock purchased on November 30, 2022, as part of the Issuer's Employee Stock Purchase Plan. In accordance with the Plan, these shares were purchased at a price equal to 85% of the lower of the closing price of the Issuer's Class A Common Stock on June 1, 2022, or November 30, 2022 in transactions exempted by Rule 16b-3(c) and/or Rule 16b-3(d).
Footnote F3
The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Performance Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
Footnote F4
Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Class A Common Stock.
Footnote F5
The Restricted Stock Units shall vest in 25% installments on each of the first four (4) anniversaries of the Vesting Period Commencement Date, provided that Participant does not incur a Termination prior to the applicable vesting date. beginning on 01-Jan-2023
Footnote F6
This represents the unvested portion of the RSUs granted on February 20, 2023 and does not include other RSUs with different grant dates or vesting terms.