CCC Intelligent Solutions Holdings Inc. — Director's Dealing 2021

Aug 10, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CCC Intelligent Solutions Holdings Inc. (CCCS)
CIK: 0001818201
Period of Report: 2021-07-30

Reporting Person: RAMAMURTHY GITHESH (Director, See Remarks)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2586482	Direct
Common Stock	13628362	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$2.50	2027-07-10	Common Stock (9365143)		Direct
Stock Option (right to buy)	$2.50	2027-07-10	Common Stock (9365143)		Direct
Stock Option (right to buy)	$8.58	2031-01-13	Common Stock (442034)		Direct
Earn-out Shares	$0.00	2031-07-31	Common Stock ()		Direct

Footnotes

F1: The Reporting Person acquired the reported securities on July 30, 2021, in respect of common stock of Cypress Holdings, Inc., which CCC Intelligent Solutions Holdings Inc. (the "Issuer") acquired by merger on July 30, 2021 (the "Merger").

F2: The reported securities are indirectly held by the reporting person through Higginson Enterprises, LLC, provided that the reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

F3: In connection with the Merger and pursuant to the business combination agreement, the reporting person received stock options of the Issuer ("Options") on July 30, 2021 in respect of stock options of Cypress Holdings, Inc. ("Cypress Options") which were (i) scheduled to service vest 20% annually on the each of the first through the fifth anniversaries of the vesting commencement date (the "Service Vesting Schedule") or (ii) subject to performance vesting, provided that all performance vesting conditions were deemed fully satisfied in connection with the Merger.

F4: The Options were granted subject to the Service Vesting Schedule based on a vesting commencement date of April 27, 2017 that applied with respect to the applicable Cypress Options.

F5: The Options were fully vested upon grant.

F6: Pursuant to the business combination agreement, the Reporting Person will receive, subject to satisfaction of specified service vesting requirements, shares of Common Stock of the Issuer at the earlier to occur of (a) the first date on which the last reported closing price of the Issuer's shares has been greater than or equal to $15.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any twenty (20) day trading days within any thirty (30) consecutive trading day period commencing after July 30, 2021 or (b) a change of control of the Issuer, in each case if such event occurs within ten (10) years after July 30, 2021.