Marc Fredman - May 22, 2023 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Signature
/s/ Kevin Kane as Attorney-in-Fact for Marc Fredman
Stock symbol
CCCS
Transactions as of
May 22, 2023
Transactions value $
-$2,280,862
Form type
4
Date filed
5/24/2023, 08:17 PM
Previous filing
Mar 27, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Sale -$220K -22K -5.52% $10.00 376K May 22, 2023 Direct F1, F2
transaction CCCS Common Stock Sale -$2.03M -200K -53.12% $10.17 176K May 23, 2023 Direct F1, F3
transaction CCCS Common Stock Sale -$30.9K -3.04K -1.72% $10.17 173K May 24, 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0000 to $10.0100. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0000 to $10.4900. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0000 to $10.2700. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided.