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Filing Details

Accession Number:: 0001127602-23-017071
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-05-30 18:14:43
Reporting Period:: 2023-05-25

Accepted Time:: 2023-05-30 18:14:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1818201	Ccc Intelligent Solutions Holdings Inc.	CCCS	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1560574	Eileen Schloss	C/O Ccc Intelligent Solutions Holdings 167 N. Green Street, 9Th Floor Chicago IL 60607		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-05-26	34,054	$4.05	61,554	No	4	M	Direct
Common Stock	Acquisiton	2023-05-26	85,137	$4.05	146,691	No	4	M	Direct
Common Stock	Disposition	2023-05-26	46,766	$10.32	99,925	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Acquisiton	2023-05-25	26,519	$0.00	26,519	$0.00
Common Stock	Stock Option (Right to Buy)	Disposition	2023-05-26	85,137	$0.00	85,137	$4.05
Common Stock	Stock Option (Right to Buy)	Disposition	2023-05-26	34,054	$0.00	34,054	$4.05

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
26,519		No	4	A	Direct
0	2030-08-19	No	4	M	Direct
51,083	2030-08-19	No	4	M	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.2600 to $10.4500. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided.
The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the RSU, or (iii) a combination thereof. The RSUs vest on the earlier of May 25, 2024 and the date of the next annual meeting of the stockholders of the Issuer, generally subject to the Reporting Person's continued service to the Issuer through such vesting and settlement date.
The Options were fully vested upon grant.
The Reporting Person acquired the reported securities on July 30, 2021, in respect of common stock of Cypress Holdings, Inc., which CCC Intelligent Solutions Holdings Inc. (the "Issuer") acquired by merger on July 30, 2021 (the "Merger"). In connection with the Merger and pursuant to the business combination agreement, the reporting person received stock options of the Issuer ("Options") on July 30, 2021 in respect of stock options of Cypress Holdings, Inc. ("Cypress Options") which were (i) scheduled to service vest 20% annually on the each of the first through the fifth anniversaries of the vesting commencement date (the "Service Vesting Schedule") or (ii) subject to performance vesting, provided that all performance vesting conditions were deemed fully satisfied in connection with the Merger.
The Options were granted subject to the Service Vesting Schedule based on a vesting commencement date of August 19, 2020 that applied with respect to the applicable Cypress Options.