Summary by Futu AI
Merel Witteveen, the Interim COO of C3.ai, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on June 28, 2024, as required by Section 16(a) of the Securities Exchange Act of 1934. The filing, which details Witteveen's holdings in the company, shows ownership of 1,229 shares of Class A Common Stock directly. Additionally, the report lists multiple stock options and restricted stock units (RSUs) with various vesting schedules and exercise prices. Notably, stock options for the purchase of 36,667 Class A Common Stock shares at $34.25 each are set to expire on December 22, 2031. The RSUs represent contingent rights to receive shares upon settlement, with different portions vesting at scheduled intervals, provided Witteveen continues to provide services to C3.ai.