4//SEC Filing
Dhawan Sanjay 4
Accession 0001667731-21-000263
CIK 0001768267other
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 4:22 PM ET
Size
5.9 KB
Accession
0001667731-21-000263
Insider Transaction Report
Form 4
Cerence Inc.CRNC
Dhawan Sanjay
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2021-10-06$85.75/sh−53,392$4,578,364→ 207,607 total
Footnotes (3)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]This includes 118 shares purchased pursuant to the Cerence Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of 08/17/2020 through 02/12/2021 In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on 02/12/2021.
- [F3]This includes 62 shares purchased pursuant to the Cerence Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of 02/16/2021 through 08/13/2021 In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on 08/13/2021.
Documents
Issuer
Cerence Inc.
CIK 0001768267
Entity typeother
Related Parties
1- filerCIK 0001639051
Filing Metadata
- Form type
- 4
- Filed
- Oct 7, 8:00 PM ET
- Accepted
- Oct 8, 4:22 PM ET
- Size
- 5.9 KB