Company: CWAN
Filing Date: 2025-03-06
Form Type: S-4/A
Source: 0001193125-25-048570
Chunk: 160

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-06
Form: S-4/A
Chunk 160
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 to each Assumed RSU will be equal to the product (rounded up to the nearest whole share) of (i) the number of shares of Enfusion Common Stock subject to the corresponding Enfusion Unvested RSU immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio. Each Enfusion PSU that is outstanding as of immediately prior to the Effective Time and vests as a result of the consummation of the Transactions will be cancelled and converted at the Effective Time into the right of the holder to receive the Per Share Mixed Consideration in respect of each share of Enfusion Common Stock subject to such vested Enfusion PSU (with the applicable performance conditions deemed achieved or not achieved based on the terms of the applicable award agreement), less applicable tax withholding. Each Enfusion PSU that does not vest at the Effective Time in accordance with its terms will be cancelled as of the Effective Time for no consideration. 99

The tables below summarize the number of In-the-MoneyEnfusion Options, Enfusion RSUs and Enfusion PSUs held by Enfusion executive officers and directors as of February 5, 2025, and the estimated aggregate value of such Enfusion equity awards, calculated based on the assumptions described above under the section titled “—Interests of Enfusion Directors and Executive Officers in the Transactions—Certain Assumptions.”

| Name                    
 Executive Officers      |     | Number           
 of               
 Vested           
 In-the-Money     
 Enfusion Options |        |     | Estimated Value of 
 Vested             
 In-the-Money       
 Enfusion           
 Options            |        |     | Number           
 of               
 Unvested         
 In-the-Money     
 Enfusion Options |        |     | Estimated Value of 
 Unvested           
 In-the-Money       
 Enfusion           
 Options            |       |
|:------------------------|:----|:-----------------|-------:|:----|:-------------------|-------:|:----|:-----------------|-------:|:----|:-------------------|------:|
| Oleg Movchan            |     |                  | 24,914 |     | $                  |  4,734 |     |                  | 12,456 |     | $                  | 2,367 |
| Neal Pawar              |     |                  |      — |     |                    |      — |     |                  |      — |     |                    |     — |
| Bronwen Bastone         |     |                  | 12,896 |     | $                  |