Form 4 for AI C3.ai, Inc.
Accepted 2023-06-29 00:00:00 ET · period of report 2023-06-27 · accession 0001209191-23-040234 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-29 | 2023-06-27 | AI | ABBO EDWARD Y | CTO | M - OptEx | $2.50 | +779.3K | 615.4K | New | +$1.95M |
| D | 2023-06-29 | 2023-06-27 | AI | ABBO EDWARD Y | CTO | S - Sale+OE | $32.96 | -457.6K | 650.8K | -41% | -$15.08M |
| DM | 2023-06-29 | 2023-06-27 | AI | ABBO EDWARD Y | CTO | M - OptEx | $0.00 | -779.3K | 63.9K | -92% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-06-27 | M | A | 250,000 | $1.86 | 865,444 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-06-27 | M | A | 47,874 | $2.82 | 913,318 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-06-27 | M | A | 114,190 | $4.56 | 1,027,508 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-06-27 | M | A | 80,854 | $4.56 | 1,108,362 | D | — | — | |
| 5 | Common | Class A Common Stock | 2023-06-27 | M | A | 179,191 | $1.56 | 508,301 | D | — | — | |
| 6 | Common | Class A Common Stock | 2023-06-27 | S | D | 457,585 | $32.96 | 650,777 | D | — | — | (F2) Represents weighted average sales price. The shares were sold at prices ranging from $32.68 to $33.50. 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. |
| 7 | Common | Class A Common Stock | 2023-06-27 | M | A | 107,143 | $1.68 | 615,444 | D | — | — | |
| 8 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 179,191 | $0.00 | 0 | D | $1.56 · — to 2024-01-20 | 179,191 Class A Common Stock | (F6) Fully vested. |
| 9 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 107,143 | $0.00 | 0 | D | $1.68 · — to 2026-07-12 | 107,143 Class A Common Stock | (F6) Fully vested. |
| 10 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 250,000 | $0.00 | 0 | D | $1.86 · — to 2026-11-29 | 250,000 Class A Common Stock | (F6) Fully vested. |
| 11 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 47,874 | $0.00 | 0 | D | $2.82 · — to 2028-05-22 | 47,874 Class A Common Stock | (F7) Due to rounding in connection with the reverse stock split, the total shares include 2 additional shares that was not originally reported on the Reporting Person's Form 3 (F6) Fully vested. |
| 12 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 114,190 | $0.00 | 30,548 | D | $4.56 · — to 2029-06-12 | 114,190 Class A Common Stock | (F8) Twenty percent (20%) of the shares subject to the option grant vested on May 1, 2020, and the remaining eighty percent (80%) of such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates. |
| 13 | Derivative | Stock Option (Right to Buy) | 2023-06-27 | M | D | 80,854 | $0.00 | 63,884 | D | $4.56 · — to 2030-07-05 | 80,854 Class A Common Stock | (F9) Twenty percent (20%) of the shares subject to the option grant vested on May 1, 2021, and the remaining eighty percent (80%) of such grant vests on a monthly basis for the following four years, so long as the Reporting Person continues to provide services through such vesting dates. |