CORBET KATHLEEN A 4
4 · Clearwater Analytics Holdings, Inc. · Filed Apr 22, 2024
Insider Transaction Report
Form 4
CORBET KATHLEEN A
Director
Transactions
- Conversion
Class A Common Stock
2023-12-15+20,161→ 25,351 total - Conversion
Class B Common Stock
2023-12-15−20,161→ 0 total - Conversion
CWAN Holdings LLC
2023-12-15−20,161→ 0 total→ Class A Common Stock (20,161 underlying)
Footnotes (1)
- [F1]Shares of Class B Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class B Common Stock will be initially entitled to 1 vote per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's CWAN Holdings LLC Interests ("LLC Interests") (together with the delivery for no consideration of an equal number of shares of Class B Common Stock) for an equal number of newly issued shares of Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date.