James S. Cox - Sep 16, 2024 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Stock symbol
CWAN
Transactions as of
Sep 16, 2024
Transactions value $
-$801,036
Form type
4
Date filed
9/17/2024, 04:46 PM
Previous filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $149K +33.9K +14.57% $4.40 266K Sep 16, 2024 Direct
transaction CWAN Class A Common Stock Tax liability -$493K -20.2K -7.58% $24.43 246K Sep 16, 2024 Direct
transaction CWAN Class A Common Stock Sale -$335K -13.7K -5.56% $24.43 233K Sep 16, 2024 Direct F1, F2
transaction CWAN Class A Common Stock Sale -$122K -5K -2.15% $24.47 228K Sep 16, 2024 Direct F1, F3

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 CWAN Stock Option (Right to Buy) Options Exercise $0 -33.9K -23.9% $0.00 108K Sep 16, 2024 Class A Common Stock 33.9K $4.40 Direct 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $24.03 USD to $24.71 USD; the price reported above reflects the weighted average sale price.
F3 This transaction was executed in multiple trades at prices ranging from $24.06 USD to $24.71 USD; the price reported above reflects the weighted average sale price.
F4 Vests 120,000 share(s) on 20-May-2020, 198,000 share(s) on 02-Nov-2020, 70,500 share(s) on 20-May-2021, 70,500 share(s) on 20-May-2022, 70,500 share(s) on 20-May-2023, 70,500 share(s) on 20-May-2024