4//SEC Filing
Kochansky Joseph Morris 4
Accession 0001562180-22-005416
CIK 0001866368other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 1:52 PM ET
Size
9.8 KB
Accession
0001562180-22-005416
Insider Transaction Report
Form 4
Kochansky Joseph Morris
See Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2022-06-28+93,750→ 97,726 total - Tax Payment
Class A Common Stock
2022-06-28$12.97/sh−41,295$535,596→ 56,431 total - Exercise/Conversion
Restricted Stock Units
2022-06-28−93,750→ 281,250 totalExercise: $0.00→ Class A Common Stock (281,250 underlying)
Footnotes (4)
- [F1]On June 28, 2021, the Reporting Person received a grant of 375,000 restricted units which, upon vesting, would be settled in units of CWAN Holdings LLC Interests. The restricted units were subsequently converted into an equivalent number of restricted stock units ("RSU") in connection with the Issuer's IPO. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock.
- [F2]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]The RSUs were granted on June 28, 2021, and vest in four equal annual installments beginning on and including June 28, 2022.
- [F4]This represents the unvested portion of the RSUs granted on June 28, 2021 and does not include other RSUs with different vesting terms.
Documents
Issuer
Clearwater Analytics Holdings, Inc.
CIK 0001866368
Entity typeother
Related Parties
1- filerCIK 0001880114
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 1:52 PM ET
- Size
- 9.8 KB