4//SEC Filing
Schloss Eileen 4
Accession 0001127602-23-017071
CIK 0001818201other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 6:14 PM ET
Size
15.9 KB
Accession
0001127602-23-017071
Insider Transaction Report
Form 4
Schloss Eileen
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-26$4.05/sh+34,054$137,919→ 61,554 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-05-26−85,137→ 0 totalExercise: $4.05Exp: 2030-08-19→ Common Stock (85,137 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2023-05-26−34,054→ 51,083 totalExercise: $4.05Exp: 2030-08-19→ Common Stock (34,054 underlying) - Exercise/Conversion
Common Stock
2023-05-26$4.05/sh+85,137$344,805→ 146,691 total - Sale
Common Stock
2023-05-26$10.32/sh−46,766$482,803→ 99,925 total - Award
Restricted Stock Unit
2023-05-25+26,519→ 26,519 totalExercise: $0.00→ Common Stock (26,519 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.2600 to $10.4500. 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.
- [F2]The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the RSU, or (iii) a combination thereof. The RSUs vest on the earlier of May 25, 2024 and the date of the next annual meeting of the stockholders of the Issuer, generally subject to the Reporting Person's continued service to the Issuer through such vesting and settlement date.
- [F3]The Options were fully vested upon grant.
- [F4]The Reporting Person acquired the reported securities on July 30, 2021, in respect of common stock of Cypress Holdings, Inc., which CCC Intelligent Solutions Holdings Inc. (the "Issuer") acquired by merger on July 30, 2021 (the "Merger"). In connection with 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. ("Cypress Options") which were (i) scheduled to service vest 20% annually on the each of the first through the fifth anniversaries of the vesting commencement date (the "Service Vesting Schedule") or (ii) subject to performance vesting, provided that all performance vesting conditions were deemed fully satisfied in connection with the Merger.
- [F5]The Options were granted subject to the Service Vesting Schedule based on a vesting commencement date of August 19, 2020 that applied with respect to the applicable Cypress Options.
Documents
Issuer
CCC Intelligent Solutions Holdings Inc.
CIK 0001818201
Entity typeother
Related Parties
1- filerCIK 0001560574
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 6:14 PM ET
- Size
- 15.9 KB