0001562180-23-001695.txt : 20230222 0001562180-23-001695.hdr.sgml : 20230222 20230222182555 ACCESSION NUMBER: 0001562180-23-001695 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: Price James Douglas CENTRAL INDEX KEY: 0001880262 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40838 FILM NUMBER: 23655133 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 0001880262 Price James Douglas C/O CLEARWATER ANALYTICS HOLDINGS, INC. 777 W. MAIN STREET, SUITE 900 BOISE ID 83702 false true false false Chief Quality Officer Class A Common Stock 2023-02-21 4 M false 20899.00 0.00 A 94240.00 D Class A Common Stock 2023-02-21 4 F false 6302.00 19.12 D 87938.00 D Restricted Stock Unit 2023-02-20 4 A false 50000.00 0.00 A 2033-01-01 Class A Common Stock 50000.00 50000.00 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 558 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 James Price 2023-02-22