Company: CWAN
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001628280-25-020660
Chunk: 3

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 3
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 our Class C common stock and/or Class D common stock, including certain of the Principal Equity Owners and certain of our directors and their respective Permitted Transferees who may exchange at each of their own options, in whole or in part from time to time, their LLC Interests (along with an equal number of shares of Class C common stock (and such shares shall be immediately cancelled)) for newly issued shares of our Class A common stock or our Class D common stock, as the case may be, and additionally holders of shares of our Class D common stock may convert such shares at any time for newly issued shares of our Class A common stock, on a one-for-one basis (in which case their shares of our Class D common stock will be cancelled on a one-for-one basis upon any such issuance).

• “Exchange Act” refers to the Securities Exchange Act of 1934, as amended.

• “IPO” refers to our initial public offering which closed in September 2021.

• “LLC Agreement” refers to CWAN Holdings, LLC’s Third Amended and Restated Limited Liability Company Agreement.

• “LLC Interests” refers to the common units of CWAN Holdings, LLC.

• “NYSE” refers to the New York Stock Exchange.

• “Other Continuing Equity Owners” refers to any Continuing Equity Owners who are not also Principal Equity Owners.

• “Permira” refers to Permira Advisers LLC .

• “Permitted Transferee” refers to, subject to the provisions of the LLC Agreement, (a) with respect to any Principal Equity Owner, any of such Principal Equity Owner’s affiliates and (b) with respect to any Other Continuing Equity Owner, any such Other Continuing Equity Owner’s affiliates or, in the case of individuals, members of their immediate family.

• “Principal Equity Owners” refers to Welsh Carson, Warburg Pincus, Permira and their respective affiliates and Permitted Transferees. .

• “SEC” refers to the Securities and Exchange Commission.

• “Securities Act” refers to the Securities Act of 1933, as amended.

• “Warburg Pincus” refers to Warburg Pincus LLC .

• “Welsh Carson” refers to Welsh, Carson, Anderson & Stowe, one of our largest owners through holdings by its affiliates.

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