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
  1. 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.
  2. 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.
  3. The reporting person was the sole shareholder of Consolidated Mobile Corporation, which held the securities described above.