Key facts
- This page summarizes WARBURG PINCUS LLC's Form 4 filing for Clearwater Analytics Holdings, Inc. (CWAN).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Nov 2024, 16:08.
WARBURG PINCUS LLC - 13 Nov 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)
- Reporting relationship
- Former 10% Owner
- Issuer ticker
- CWAN
- Reported as of
- 13 Nov 2024
- Net transaction value
- -$90,341,430
- SEC form
- 4
- Accepted by SEC
- 14 Nov 2024, 16:08:04 UTC
- Prior SEC filing
- 12 Aug 2024
- Next SEC filing
- 09 Sep 2025
- Source filing
- View source filing
- Reporting owner signature
- WARBURG PINCUS LLC, By: /s/ Harsha Marti, General Counsel & Managing Director
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
WARBURG PINCUS LLC filed Form 4 for Clearwater Analytics Holdings, Inc. (CWAN) on 14 Nov 2024.
Change
- Previous filing in this sequence was filed on 12 Aug 2024.
- Current net transaction value: -$90,341,430.
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 D Common Stock
Options Exercise
- Transaction value
- Shares
- -3,103,450
- Change %
- -34%
- Price
- Shares after
- 6,088,609
- Date
- 13 Nov 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3
CWAN
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +3,103,450
- Change %
- Price
- Shares after
- 3,103,450
- Date
- 13 Nov 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3
CWAN
transaction
Class A Common Stock
Sale
- Transaction value
- $90,341,430
- Shares
- -3,103,450
- Change %
- -100%
- Price
- $29.11
- Shares after
- 0
- Date
- 13 Nov 2024
- Ownership
- See Footnotes
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
WARBURG PINCUS LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Upon the earlier of (i) the date that affiliates of Welsh, Carson, Anderson & Stowe own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock.
Footnote F2
Reflects securities held directly by WP CA Holdco, L.P. ("WP Holdco"). The general partner of WP Holdco is WP CA Holdco GP, LLC ("WP Holdco GP"). The managing members of WP Holdco GP are Warburg Pincus (Callisto) Global Growth (Cayman), L.P. ("WP Callisto") and Warburg Pincus Financial Sector (Cayman), L.P. ("WP FS," and together with WP Callisto, the "Holdco GP Managers"). WP LLC is the manager of the Holdco GP Managers. Warburg Pincus (Cayman) Global Growth GP, L.P. ("WP GG Cayman GP") is the general partner of WP Callisto. Warburg Pincus (Cayman) Financial Sector GP, L.P. ("WP FS Cayman GP") is the general partner of WP FS. Warburg Pincus (Cayman) Global Growth GP LLC ("WP GG Cayman GP LLC") is the general partner of WP GG Cayman GP.
Footnote F3
Warburg Pincus (Cayman) Financial Sector GP LLC ("WP FS Cayman GP LLC") is the general partner of WP FS Cayman GP. Warburg Pincus Partners II (Cayman), L.P. ("WPP II Cayman") is the managing member of each of WP GG Cayman GP LLC and WP FS Cayman GP LLC. Warburg Pincus (Bermuda) Private Equity GP Ltd. is the general partner of WPP II Cayman. Investment and voting decisions with respect to the Issuer's shares held by WP Holdco are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the Issuer's shares.
Footnote F4
This amount represents a price to the underwriter of $29.11 per share of Class A Common Stock. The underwriter may offer the shares of Class A Common Stock from time to time in one or more transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices.
SEC remarks
WP Holdco, WP Holdco GP, WP Callisto, WP FS, WP LLC, WP GG Cayman GP, WP FS Cayman GP, WP FS Cayman GP, WP GG Cayman GP LLC, WP FS Cayman GP LLC and WPP II Cayman and Warburg Pincus (Bermuda) Private Equity GP Ltd. may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the reporting person. This report shall not be deemed an admission that the reporting persons are a member of a group or the beneficial owner of any securities not directly owned by the reporting person. Each of the reporting persons is a director-by-deputization solely for purposes of Section 16 of the Exchange Act. Defined Terms: "GP" refers to general partner. "MM" refers to managing member. "AS" refers to Authorised Signatory. "Warburg (Bermuda)" refers to Warburg Pincus (Bermuda) Private Equity GP Ltd. Form 2 of 2