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Cerence Inc. — Director's Dealing 2019
Oct 18, 2019
32790_dirs_2019-10-18_7d75fc75-d8e7-481f-8dc5-ff33eae6fbfc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cerence Inc. (CRNC)
CIK: 0001768267
Period of Report: 2019-10-16
Reporting Person: BEAUDOIN THOMAS L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-16 | Common stock | A | 16286 | — | Acquired | 17810 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common stock | 1524 | Direct |
Footnotes
F1: On October 1, 2019, Nuance Communications, Inc. ("Nuance") made a pro rata distribution to Nuance's stockholders of record as of 5:00 p.m. New York City time on September 17, 2019 of one share of Cerence Inc., a Delaware corporation ("Cerence"), for every eight shares of Nuance common stock, par value $0.001 per share, held by each holder to effect the legal and structural separation of Cerence from Nuance. The reporting person received a distribution from Nuance of 1,524 shares of Cerence common stock.
F2: Grant of restricted stock units that will vest 33% per year on the anniversary date.