Cerence Inc. — Director's Dealing 2021

Jul 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cerence Inc. (CRNC)
CIK: 0001768267
Period of Report: 2021-07-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-15	Common Stock	S	7065	$107.63	Disposed	279694	Direct
2021-07-15	Common Stock	S	9018	$108.45	Disposed	270676	Direct
2021-07-15	Common Stock	S	8757	$109.24	Disposed	261919	Direct
2021-07-15	Common Stock	S	1100	$110.63	Disposed	260819	Direct

Footnotes

F1: This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 02/23/2021.

F2: These sales relate to Mr. Dhawan's Make-Whole RSUs described in the Company's 2020 Proxy Statement filed on January 24, 2020.

F3: 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 $107.00 to $107.79 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.

F4: 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 $108.04 to $109.03 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.

F5: 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 $109.055 to $109.49 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.