Galibier Purchaser, LLC's Form 4 filing
Clearwater Analytics Holdings, Inc. (CWAN) · filed Dec 4, 2024
- Accession no.
- 0001493152-24-048678
- Filed
- Dec 4, 2024, 4:41 PM ET
- Trade date
- Dec 2, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $125.3M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Galibier Purchaser, LLCCIK 0001884343 | Director |
| Galibier Holdings GP, LLCCIK 0001884347 | Director |
| Galibier Holdings, LPCIK 0001884351 | Director |
| Permira VII GP S.a r.l.CIK 0001884421 | Director |
| Gali SCSpCIK 0001884428 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | MOption exerciseAcquired | +4,283,243 | –F1 | – | 4,283,243 | Indirect | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −4,283,243 | $29.25 | −$125,284,857.75 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | MOption exerciseDisposed | −4,283,243 | $0.00 | $0 | 7,983,533 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Class D common stock ("Class D Common Stock") has ten votes per share and may be exchanged at any time, at the option of the holder, for shares of Class A common stock ("Class A Common Stock") on a one-for-one basis. Each share of Class D Common Stock is required to be converted into one share of Class A Common Stock immediately prior to any sale or other transfer of such share by any Permira Entity (as defined below) or any of its affiliates or permitted transferees to a non-permitted transferee. Each share of Class D Common Stock will automatically convert into a share of Class A Common Stock upon the earlier of (i) the date that affiliates of Welsh, Carson, Anderson & Stowe own less than 5% of the Issuer's common stock and (ii) the date that is seven years following the closing of the Issuer's initial public offering.
Referenced by the price of 1 transaction in Table I.