Filing Details
- Accession Number:
- 0001209191-23-033407
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-01 18:06:55
- Reporting Period:
- 2023-05-30
- Accepted Time:
- 2023-06-01 18:06:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1577526 | C3.Ai Inc. | AI | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1164644 | M Stephen Jr Ward | C/O C3.Ai, Inc. 1400 Seaport Blvd Redwood City CA 94063 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-05-30 | 4,812 | $2.04 | 551,307 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-30 | 66,629 | $3.90 | 617,936 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-30 | 48,559 | $4.68 | 666,495 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-30 | 120,000 | $42.09 | 546,495 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-05-30 | 4,812 | $0.00 | 4,812 | $2.04 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-05-30 | 66,629 | $0.00 | 66,629 | $3.90 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-05-30 | 48,559 | $0.00 | 48,559 | $4.68 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-11-07 | No | 4 | M | Direct | |
| 22,205 | 2028-11-27 | No | 4 | M | Direct | |
| 155,373 | 2029-10-18 | No | 4 | M | Direct |
Footnotes
- The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan dated September 28, 2022.
- Represents weighted average sales price. The shares were sold at prices ranging from $42.00 to $42.02. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- The option grant is fully vested.
- Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on November 28, 2018 (the "Vesting Commencement Date"), then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
- Due to rounding in connection with the reverse stock split, the total shares include an additional share that was not originally reported on the Reporting Person's Form 3.
- Provided the Reporting Person remains a director of the Company and attends in person the regularly scheduled meeting of the Board during each fiscal quarter, commencing on October 17, 2019 (the "Vesting Commencement Date"), then 5% of the shares subject to the option shall vest on the last day of such fiscal quarter (the "Quarterly Shares") during the term of the option, provided, however, if the Reporting Person fails to attend any such regularly scheduled meeting, then vesting for the Quarterly Shares shall not occur and will be suspended (any such suspended Quarterly Shares being referred to collectively as the "Suspended Shares"). For any Suspended Shares, such shares shall vest only following the fifth anniversary of the applicable Vesting Commencement Date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
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