Form 4 for CRNC Cerence Inc.
Accepted 2021-07-16 00:00:00 ET · period of report 2021-07-15 · accession 0001667731-21-000212 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-07-16 | 2021-07-15 | CRNC | Dhawan Sanjay | CEO, Dir | S - Sale | $108.59 | -25.9K | 260.8K | -9% | -$2.82M |
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 | Common Stock | 2021-07-15 | S | D | 7,065 | $107.63 | 279,694 | D | — | — | (F2) These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020. (F3) The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $107.00 to $107.79 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. (F1) This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021. |
| 2 | Common | Common Stock | 2021-07-15 | S | D | 9,018 | $108.45 | 270,676 | D | — | — | (F4) The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $108.04 to $109.03 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. (F2) These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020. (F1) This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021. |
| 3 | Common | Common Stock | 2021-07-15 | S | D | 8,757 | $109.24 | 261,919 | D | — | — | (F2) These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020. (F5) The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $109.055 to $109.49 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. (F1) This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021. |
| 4 | Common | Common Stock | 2021-07-15 | S | D | 1,100 | $110.63 | 260,819 | D | — | — | (F2) These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020. (F1) This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021. |