0001562180-22-005417.txt : 20220630
0001562180-22-005417.hdr.sgml : 20220630
20220630144540
ACCESSION NUMBER: 0001562180-22-005417
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220628
FILED AS OF DATE: 20220630
DATE AS OF CHANGE: 20220630
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kochansky Joseph Morris
CENTRAL INDEX KEY: 0001880114
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40838
FILM NUMBER: 221057655
MAIL ADDRESS:
STREET 1: C/O CLEARWATER ANALYTICS HOLDINGS, INC.
STREET 2: 777 W. MAIN STREET, SUITE 900
CITY: BOISE
STATE: ID
ZIP: 83702
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Clearwater Analytics Holdings, Inc.
CENTRAL INDEX KEY: 0001866368
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 777 W. MAIN STREET, SUITE 900
CITY: BOISE
STATE: ID
ZIP: 83702
BUSINESS PHONE: 208-918-2400
MAIL ADDRESS:
STREET 1: 777 W. MAIN STREET, SUITE 900
CITY: BOISE
STATE: ID
ZIP: 83702
4/A
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4/A
2022-06-28
2022-06-30
false
0001866368
Clearwater Analytics Holdings, Inc.
CWAN
0001880114
Kochansky Joseph Morris
C/O CLEARWATER ANALYTICS HOLDINGS, INC.
777 W. MAIN STREET, SUITE 900
BOISE
ID
83702
false
true
false
false
See Remarks
Class A Common Stock
2022-06-28
4
M
false
93750.00
0.00
A
97726.00
D
Class A Common Stock
2022-06-28
4
F
false
41295.00
12.25
D
56431.00
D
Restricted Stock Units
0.00
2022-06-28
2022-06-28
4
M
false
93750.00
0.00
D
Class A Common Stock
281250.00
281250.00
D
On June 28, 2021, the Reporting Person received a grant of 375,000 restricted units which, upon vesting, would be settled in units of CWAN Holdings LLC Interests. The restricted units were subsequently converted into an equivalent number of restricted stock units ("RSU") in connection with the Issuer's IPO. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock.
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
This amendment is being filed to correct the Price of the Disposed Securities, which is $12.25. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.09 to $12.71, inclusive. 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.
The RSUs were granted on June 28, 2021, and vest in four equal annual installments beginning on and including June 28, 2022.
This represents the unvested portion of the RSUs granted on June 28, 2021 and does not include other RSUs with different vesting terms.
President, Product and Technology
/s/ Alphonse Valbrune, as Attorney-in-Fact for Joseph Kochansky
2022-06-30