0001562180-23-001690.txt : 20230222
0001562180-23-001690.hdr.sgml : 20230222
20230222181724
ACCESSION NUMBER: 0001562180-23-001690
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230220
FILED AS OF DATE: 20230222
DATE AS OF CHANGE: 20230222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Blendu Cynthia Ann
CENTRAL INDEX KEY: 0001879938
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40838
FILM NUMBER: 23655092
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
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2023-02-20
false
0001866368
Clearwater Analytics Holdings, Inc.
CWAN
0001879938
Blendu Cynthia Ann
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
2023-02-21
4
M
false
16843.00
0.00
A
29415.00
D
Class A Common Stock
2023-02-21
4
F
false
5079.00
19.12
D
6725.00
D
Restricted Stock Unit
2023-02-20
4
A
false
112500.00
0.00
A
2033-01-01
Class A Common Stock
112500.00
112500.00
D
The Class A Common Stock represents shares acquired by the Reporting Person from the vesting of performance stock units ("PSUs") issued to the Reporting Person on September 24, 2021. The eligible PSUs vested based on the Issuer's achievement of certain performance criteria based on revenue growth in 2022.
Includes 768 shares of Class A Common Stock purchased on November 30, 2022, as part of the Issuer's Employee Stock Purchase Plan. In accordance with the Plan, these shares were purchased at a price equal to 85% of the lower of the closing price of the Issuer's Class A Common Stock on June 1, 2022, or November 30, 2022 in transactions exempted by Rule 16b-3(c) and/or Rule 16b-3(d).
The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Performance Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Class A Common Stock.
The reported RSUs will vest in four 25% installments on each of the first four anniversaries of January 1, 2022 and will settle within thirty days of the applicable vesting date.
This represents the unvested portion of the RSUs granted on February 20, 2023 and does not include other RSUs with different grant dates or vesting terms.
/s/ Alphonse Valbrune, as Attorney-in-Fact for Cindy Blendu
2023-02-22