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Cerence Inc. Director's Dealing 2020

Dec 2, 2020

32790_dirs_2020-12-01_f62c4390-e34e-4fab-b447-1837d8df7dee.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: 2020-11-30

Reporting Person: Dhawan Sanjay (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-30 Common Stock S 4700 $90.25 Disposed 447290 Direct
2020-11-30 Common Stock S 2350 $91.50 Disposed 440940 Direct
2020-12-01 Common Stock S 250 $93.50 Disposed 444690 Direct
2020-12-01 Common Stock S 1000 $93.50 Disposed 443690 Direct
2020-12-01 Common Stock S 1299 $93.63 Disposed 442391 Direct

Footnotes

F1: These shares are pursuant to the Company's FY2020 Short-Term Incentive Program.

F2: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $91.50 to $91.55 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

F3: These shares are pursuant to the Company's Employee Stock Purchase Plan.