4//SEC Filing
Ganeshan Susan Muriel 4
Accession 0001562180-23-001691
CIK 0001866368other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 6:24 PM ET
Size
10.2 KB
Accession
0001562180-23-001691
Insider Transaction Report
Form 4
Ganeshan Susan Muriel
Chief Marketing Officer
Transactions
- Award
Restricted Stock Unit
2023-02-20+62,500→ 62,500 totalExp: 2033-01-01→ Class A Common Stock (62,500 underlying) - Exercise/Conversion
Class A Common Stock
2023-02-21+6,250→ 13,606 total - Tax Payment
Class A Common Stock
2023-02-21$19.12/sh−1,960$37,475→ 11,646 total
Footnotes (6)
- [F1]The Class A Common Stock represents shares acquired by the Reporting Person from the vesting of performance stock units ("PSUs") issued to the Reporting Person on September 24, 2021. The eligible PSUs vested based on the Issuer's achievement of certain performance criteria based on revenue growth in 2022.
- [F2]Includes 577 shares of Class A Common Stock purchased on November 30, 2022, as part of the Issuer's Employee Stock Purchase Plan. In accordance with the Plan, these shares were purchased at a price equal to 85% of the lower of the closing price of the Issuer's Class A Common Stock on June 1, 2022,or November 30, 2022 in transactions exempted by Rule 16b-3(c) and/or Rule 16b-3(d).
- [F3]The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Performance Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
- [F4]Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Class A Common Stock.
- [F5]The reported RSUs will vest in four 25% installments on each of the first four anniversaries of January 1, 2022 and will settle within thirty days of the applicable vesting date.
- [F6]This represents the unvested portion of the RSUs granted on February 20, 2023 and does not include other RSUs with different grant dates or vesting terms.
Documents
Issuer
Clearwater Analytics Holdings, Inc.
CIK 0001866368
Entity typeother
Related Parties
1- filerCIK 0001880107
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 6:24 PM ET
- Size
- 10.2 KB