Silva Michael John 4
4 · CCC Intelligent Solutions Holdings Inc. · Filed Oct 20, 2023
Insider Transaction Report
Form 4
Silva Michael John
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2023-10-19$12.47/sh+58,134$724,931→ 58,134 total - Tax Payment
Common Stock
2023-10-19$12.47/sh−20,962$261,396→ 37,172 total - Exercise/Conversion
Restricted Stock Unit
2023-10-19−58,134→ 29,076 totalExercise: $0.00→ Common Stock (58,134 underlying)
Footnotes (1)
- [F1]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. Two-Thirds (66.66%) of the RSUs vest upon the first anniversary of October 19, 2022 and the remainder vest on the second anniversary of October 19, 2022, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.