4//SEC Filing
Snabe Jim H. 4
Accession 0001415889-24-029883
CIK 0001577526other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 5:33 PM ET
Size
23.8 KB
Accession
0001415889-24-029883
Insider Transaction Report
Form 4
Snabe Jim H.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-12-17$11.16/sh+433,335$4,836,019→ 485,002 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-17−20,140→ 30,209 totalExercise: $13.49Exp: 2032-10-04→ Class A Common Stock (20,140 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-17−4,558→ 18,237 totalExercise: $24.11Exp: 2033-10-03→ Class A Common Stock (4,558 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-17−41,667→ 0 totalExercise: $3.90Exp: 2028-10-16→ Class A Common Stock (41,667 underlying) - Exercise/Conversion
Class A Common Stock
2024-12-17$13.49/sh+20,140$271,689→ 505,142 total - Exercise/Conversion
Class A Common Stock
2024-12-17$24.11/sh+4,558$109,893→ 509,700 total - Sale
Class A Common Stock
2024-12-17$43.05/sh−499,700$21,512,085→ 10,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-17−433,335→ 108,332 totalExercise: $11.16Exp: 2030-09-22→ Class A Common Stock (433,335 underlying) - Exercise/Conversion
Class A Common Stock
2024-12-17$3.90/sh+41,667$162,501→ 51,667 total
Holdings
- 28,000(indirect: See Footnote)
Class A Common Stock
Footnotes (7)
- [F1]Represents the exercise of previously-reported stock options and sale of shares issued upon such exercise to satisfy "exit tax" obligations with respect to vested but unexercised stock options held by Mr. Snabe, which are being imposed in connection with to Mr. Snabe's emigration from Denmark.
- [F2]Represents weighted average sales price. The shares were sold at prices ranging from $42.76 to $43.63. 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]The shares are held by BJHS Invest ApS, of which the Reporting Person is the sole member.
- [F4]Fully vested.
- [F5]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 November 1, 2020 (the "Vesting Commencement Date"), 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.
- [F6]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 5, 2022 (the "Vesting Commencement Date"), 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.
- [F7]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 4, 2023, 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, if any, equal to 5% of the shares subject to the option shall vest only following the fifth anniversary of the effective grant date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
Documents
Issuer
C3.ai, Inc.
CIK 0001577526
Entity typeother
Related Parties
1- filerCIK 0001849334
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 5:33 PM ET
- Size
- 23.8 KB