David Barter - Oct 12, 2021 Form 4 Insider Report for C3.ai, Inc. (AI)

Role: Senior VP and CFO
Signature: /s/ Brady Mickelsen, Attorney-in-Fact
Stock symbol: AI
Transactions as of: Oct 12, 2021
Transactions value $: -$3,681,821
Form type: 4
Date filed: 10/14/2021, 05:34 PM
Next filing: Nov 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AI	Class A Common Stock	Options Exercise	$3.99M	+233K		$17.10	233K	Oct 12, 2021	Direct	F1
transaction	AI	Class A Common Stock	Sale	-$7.67M	-170K	-73%	$45.04	63K	Oct 12, 2021	Direct	F1, F2

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	AI	Stock Option (Right to Buy)	Options Exercise	$0	-233K	-20%	$0.00	933K	Oct 12, 2021	Class A Common Stock	233K	$17.10	Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transaction pursuant to a previously established Rule 10b5-1 Plan.
F2	Represents weighted average sales price. The shares were sold at prices ranging from $45.00 to $45.42. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3	Twenty percent (20%) of the shares subject to the option grant vested on October 8, 2021, and the remaining eighty percent (80%) of each such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates.
F4	Due to rounding in connection with the reverse stock split, the total shares include 2 additional shares that were not originally reported on the Reporting Person's Form 3.