Form 4 for AI C3.ai, Inc.
Accepted 2023-12-19 00:00:00 ET · period of report 2023-12-15 · accession 0001209191-23-059251 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-19 | 2023-12-15 | AI | ABBO EDWARD Y | CTO | M - OptEx | — | +83.1K | 772.9K | +12% | — |
| D | 2023-12-19 | 2023-12-18 | AI | ABBO EDWARD Y | CTO | S - Sale+OE | $30.73 | -45.5K | 727.4K | -6% | -$1.40M |
| DM | 2023-12-19 | 2023-12-15 | AI | ABBO EDWARD Y | CTO | M - OptEx | $0.00 | -83.1K | 16.1K | -84% | $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 | 2023-12-15 | M | A | 83,074 | — | 772,921 | D | — | — | (F1) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement and convert into Class A Common Stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2023-12-18 | S | D | 45,548 | $30.73 | 727,373 | D | — | — | (F3) Represents weighted average sales price. The shares were sold at prices ranging from $30.16 to $30.98. 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. |
| 3 | Derivative | Restricted Stock Units | 2023-12-15 | M | D | 75,000 | $0.00 | 750,000 | D | — · — to — | 75,000 Class A Common Stock | (F1) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement and convert into Class A Common Stock on a one-for-one basis. (F8) 6.25% of such RSU award vested on September 15, 2022 and 6.25% of such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date. |
| 4 | Derivative | Restricted Stock Units | 2023-12-15 | M | D | 8,074 | $0.00 | 16,147 | D | — · — to — | 8,074 Class A Common Stock | (F1) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement and convert into Class A Common Stock on a one-for-one basis. (F7) 12.5% of such RSU award vested on September 15, 2022 and 12.5% of such RSU award shall vest on a quarterly basis thereafter, so long as the Reporting Person continues to provide services through such vesting date. |