WARD JR STEPHEN M 4
4 · C3.ai, Inc. · Filed Dec 11, 2024
Insider Transaction Report
Form 4
WARD JR STEPHEN M
Director
Transactions
- Sale
Class A Common Stock
2024-12-09$42.00/sh−125,000$5,250,000→ 546,495 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-09−102,795→ 52,578 totalExercise: $4.68Exp: 2029-10-18→ Class A Common Stock (102,795 underlying) - Exercise/Conversion
Class A Common Stock
2024-12-09$4.68/sh+102,795$481,081→ 649,290 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-09−22,205→ 0 totalExercise: $3.90Exp: 2028-11-27→ Class A Common Stock (22,205 underlying) - Exercise/Conversion
Class A Common Stock
2024-12-09$3.90/sh+22,205$86,600→ 671,495 total
Footnotes (4)
- [F1]The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated March 26, 2024.
- [F2]Represents weighted average sales price. The shares were sold at prices ranging from $42.00 to $42.08. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on October 17, 2019, then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
- [F4]Fully vested.