Clearwater Analytics Holdings Merger - Officer Equity Awards Settlement
This Form 4 filing reports the disposition of equity awards by Scott Stanley Erickson, Chief Revenue Officer of Clearwater Analytics Holdings, Inc., following the company's merger with GT Silver BidCo, Inc. On June 25, 2026, pursuant to the merger agreement, all outstanding equity awards were canceled in exchange for cash payments. Erickson disposed of 155,119 shares of Class A Common Stock at $24.55 per share (the merger consideration), resulting in zero shares remaining. Additionally, he disposed of various equity awards including Performance Stock Units (78,833 shares), Restricted Stock Units (330,078 shares), and Stock Options (538,518 shares). The Performance Stock Units had their performance conditions deemed achieved at 110% of target. The cash payments for PSUs and RSUs will be subject to the original time-vesting terms, while non-employee director awards were fully settled. A portion of stock options were converted to options in the acquiring company's affiliate.