Rodney Christo - Mar 1, 2024 Form 4 Insider Report for CCC Intelligent Solutions Holdings Inc. (CCCS)

Role
Chief Accounting Officer
Signature
/s/ Kevin Kane as Attorney-in-Fact for Rodney Christo
Stock symbol
CCCS
Transactions as of
Mar 1, 2024
Transactions value $
-$346,542
Form type
4
Date filed
3/5/2024, 05:03 PM
Previous filing
Aug 2, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCCS Common Stock Options Exercise $0 +20.7K $0.00 20.7K Mar 1, 2024 Direct F1, F2
transaction CCCS Common Stock Tax liability -$75.9K -6.51K -31.51% $11.66 14.2K Mar 1, 2024 Direct F1
transaction CCCS Common Stock Options Exercise $75K +30K +211.95% $2.50 44.2K Mar 4, 2024 Direct F1, F3
transaction CCCS Common Stock Sale -$346K -30K -67.94% $11.52 14.2K Mar 4, 2024 Direct F1, F3
holding CCCS Common Stock 136K Mar 1, 2024 By Trust F1

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 CCCS Stock Option (Right to Buy) Options Exercise $0 -30K -17.62% $0.00 140K Mar 4, 2024 Common Stock 30K $2.50 Direct F3, 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 amount of reported securities gives effect to a transfer of 5,302 shares from the Reporting Person's direct holdings to a revocable trust of which the Reporting Person is the Beneficial Owner, which transfer constituted a non-reportable change in form.
F2 The Reported Securities were received in settlement of Performance Restricted Stock Units granted to the Reporting Person on October 21, 2021.
F3 This transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2023.
F4 In connection with the acquisition of Cypress Holdings, Inc. by CCC Intelligent Solutions Holdings Inc. (the "Issuer") by merger on July 30, 2021 (the "Merger"), and pursuant to the business combination agreement, the Reporting Person received stock options of the Issuer ("Options") on July 30, 2021 in respect of stock options of Cypress Holdings, Inc. which were scheduled to service vest 20% annually on the each of the first through the fifth anniversaries of April 27, 2017.