[Form 4] C3.ai, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Seller: 336,000 shares ($7,650,720)
Net Sell
14 txns
Insider
SIEBEL THOMAS M
Role
CHIEF EXECUTIVE OFFICER
Sold
336,000 shs ($7.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 336,000 | $22.77 | $7.65M |
| Gift | Class A Common Stock | 323,916 | $0.00 | -- |
| Gift | Class A Common Stock | 323,916 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 283,333 | $0.00 | -- |
| Exercise | Class A Common Stock | 283,333 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 283,333 | $0.00 | -- |
| Exercise | Class A Common Stock | 283,333 | $0.00 | -- |
| Exercise | Restricted Stock Units | 53,125 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 40,125 | $0.00 | -- |
| Exercise | Class A Common Stock | 53,125 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 323,916 shares (Direct);
Class A Common Stock — 3,551,250 shares (Indirect, See Footnote);
Performance Restricted Stock Units — 566,668 shares (Direct);
Restricted Stock Units — 159,375 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Each Performance Restricted Stock Unit (PRSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. The PRSUs vest upon the Issuer's Class A Common Stock achieving a specified price per share. Pursuant to the Issuer's policies and practice, these shares of Class A Common Stock were automatically withheld and sold by the Issuer to satisfy the Reporting Person's tax withholding obligations related to the vesting of RSUs and PRSUs reported herein. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $22.595 to $23.015, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. The shares are held by The Siebel Living Trust u/a/d 7/27/93, as amended, of which the Reporting Person is trustee. The shares are held by First Virtual Holdings, LLC, of which the Reporting Person is Chairman. The shares are held by Siebel Asset Management, L.P., of which the Reporting Person is the general partner. The shares are held by Siebel Asset Management III, L.P., of which the Reporting Person is the general partner. The shares are held by The Siebel 2011 Irrevocable Children's Trust, of which the Reporting Person is co-trustee. 6.25% of each such RSU award vested on August 1, 2022 and 6.25% of each such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date.
