Filing Details
- Accession Number:
- 0001415889-24-029883
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-12-19 17:33:58
- Reporting Period:
- 2024-12-17
- Accepted Time:
- 2024-12-19 17:33:58
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1577526 | C3.Ai Inc. | AI | Services-Prepackaged Software (7372) | 263999357 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1849334 | H. Jim Snabe | C/O C3.Ai, Inc. 1400 Seaport Blvd Redwood City CA 94063 | No | 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 | 2024-12-17 | 41,667 | $3.90 | 51,667 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-17 | 433,335 | $11.16 | 485,002 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-17 | 20,140 | $13.49 | 505,142 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-12-17 | 4,558 | $24.11 | 509,700 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-12-17 | 499,700 | $43.05 | 10,000 | 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 | 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 | 2024-12-17 | 41,667 | $0.00 | 41,667 | $3.90 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2024-12-17 | 433,335 | $0.00 | 433,335 | $11.16 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2024-12-17 | 20,140 | $0.00 | 20,140 | $13.49 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2024-12-17 | 4,558 | $0.00 | 4,558 | $24.11 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2028-10-16 | No | 4 | M | Direct | |
| 108,332 | 2030-09-22 | No | 4 | M | Direct | |
| 30,209 | 2032-10-04 | No | 4 | M | Direct | |
| 18,237 | 2033-10-03 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 28,000 | Indirect | See Footnote |
Footnotes
- Represents the exercise of previously-reported stock options and sale of shares issued upon such exercise to satisfy "exit tax" obligations with respect to vested but unexercised stock options held by Mr. Snabe, which are being imposed in connection with to Mr. Snabe's emigration from Denmark.
- Represents weighted average sales price. The shares were sold at prices ranging from $42.76 to $43.63. 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 shares are held by BJHS Invest ApS, of which the Reporting Person is the sole member.
- 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 1, 2020 (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.
- 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 5, 2022 (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.
- 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 4, 2023, 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, if any, equal to 5% of the shares subject to the option shall vest only following the fifth anniversary of the effective grant date, if the Reporting Person satisfies the attendance requirements in subsequent periods.
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