Filing Details
- Accession Number:
- 0000899243-19-024819
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-10-02 21:32:03
- Reporting Period:
- 2019-09-30
- Accepted Time:
- 2019-10-02 21:32:03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1768267 | Cerence Inc. | CRNC | Services-Prepackaged Software (7372) | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1002517 | Nuance Communications, Inc. | 1 Wayside Road Burlington MA 01803 | No | No | Yes | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2019-09-30 | 650,736 | $17.00 | 0 | No | 4 | S | Indirect | See Footnote |
Common Stock | Acquisiton | 2019-09-30 | 2,470,968 | $0.00 | 35,740,709 | No | 4 | A | Direct | |
Common Stock | Disposition | 2019-10-01 | 35,740,709 | $0.00 | 0 | No | 4 | J | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Footnote |
No | 4 | A | Direct | |
No | 4 | J | Direct |
Footnotes
- On September 30, 2019, the reporting person contributed a wholly-owned subsidiary to the Issuer in exchange for 2,470,968 shares of the Issuer's common stock.
- On October 1, 2019, the reporting person disposed of all 35,740,709 of its shares of the Issuer's common stock ("Cerence Common Stock") issued and outstanding by distributing a pro rata dividend to the reporting person's stockholders one share of Cerence Common Stock for every eight shares of the reporting person's common stock held by each holder of record as of 5:00 p.m., New York City time, on September 17, 2019, to effect the legal and structural separation of the Issuer from the reporting person.
- The reporting person was the sole shareholder of Consolidated Mobile Corporation, which held the securities described above.