Salinas Jennifer 4
4 · Cerence Inc. · Filed Nov 26, 2024
Insider Transaction Report
Form 4
Cerence Inc.CRNC
Salinas Jennifer
EVP Chief Admin Officer
Transactions
- Sale
Common Stock
2024-11-26$6.67/sh−28,380$189,295→ 489,067 total - Sale
Common Stock
2024-11-25$7.21/sh−8,976$64,717→ 517,447 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/12/2023.