Cerence Inc. — Director's Dealing 2019

Oct 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cerence Inc. (CRNC)
CIK: 0001768267
Period of Report: 2019-10-02

Reporting Person: Fitzgerald Leanne (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-02	Common stock	A	1913	$0.00	Acquired	5312	Direct
2019-10-02	Common stock	A	1913	$0.00	Acquired	7225	Direct
2019-10-02	Common stock	A	11314	$0.00	Acquired	18539	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	3399	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 one share of common stock, par value $0.01 per 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 3,399 shares of Cerence common stock.

F2: Award of restricted stock units with respect to Cerence common stock granted under the Cerence 2019 Equity Incentive Plan in connection with the cancellation and forfeiture of certain equity incentive awards previously granted by Nuance.

F3: The restricted stock units will vest 100% on November 29, 2020.

F4: The restricted stock units will vest 100% on September 30, 2020.

F5: The restricted stock units will vest in three equal annual installments beginning on December 1, 2019.