CLEVELAND BRUCE A 4
4 · C3.ai, Inc. · Filed Jun 25, 2021
Insider Transaction Report
Form 4
CLEVELAND BRUCE A
Senior VP and CMO
Transactions
- Award
Class A Common Stock
2021-06-23+500→ 21,867 total - Award
Stock Option (Right to Buy)
2021-06-23+60,000→ 60,000 totalExercise: $61.65Exp: 2031-06-22→ Class A Common Stock (60,000 underlying)
Holdings
- 241(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [F1]Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will fully vest on June 23, 2022 so long as the Reporting Person continues to provide services through such vesting date.
- [F2]The shares are held by the Cleveland Family Trust, of which the Reporting Person is trustee.
- [F3]Twenty percent (20%) of the shares subject to the option grant shall vest on June 23, 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.