Form 4 for CRNC Cerence Inc.

Accepted 2021-10-08 00:00:00 ET · period of report 2021-10-06 · accession 0001667731-21-000261 · 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
	2021-10-08	2021-10-06	CRNC	Fitzgerald Leanne	GC	F - Tax	$85.75	-4,099	40.3K	-9%	-$351.5K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-06	F	D	4,099	$85.75	40,307	D	—	—	(F1) Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. (F3) This includes 146 shares purchased pursuant to the Cerence Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of 02/16/2021 through 08/13/2021 In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on 08/13/2021. (F2) This includes 284 shares purchased pursuant to the Cerence Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of 08/17/2020 through 02/12/2021 In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on 02/12/2021.