SEC Form 4
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION | ||
Washington, D.C. 20549 | OMB APPROVAL | |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP | ||
OMB Number: | 3235-0287 | |
Estimated average burden | ||
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 | hours per response: | 0.5 |
or Section 30(h) of the Investment Company Act of 1940 |
1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol | 5. Relationship of Reporting Person(s) to Issuer | |||||||||||||||||||||||||||||||||
Ortmanns Stefan | Cerence Inc.[ CRNC ] | (Check all applicable) | |||||||||||||||||||||||||||||||||
Director | 10% Owner | ||||||||||||||||||||||||||||||||||
X | Officer (give title | Other (specify | |||||||||||||||||||||||||||||||||
3. Date of Earliest Transaction (Month/Day/Year) | below) | below) | |||||||||||||||||||||||||||||||||
(Last) | (First) | (Middle) | |||||||||||||||||||||||||||||||||
11/10/2020 | Executive Vice President | ||||||||||||||||||||||||||||||||||
15 WAYSIDE ROAD | |||||||||||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable | ||||||||||||||||||||||||||||||||||
(Street) | Line) | ||||||||||||||||||||||||||||||||||
BURLINGTON MA | 01803 | X Form filed by One Reporting Person | |||||||||||||||||||||||||||||||||
Form filed by More than One Reporting | |||||||||||||||||||||||||||||||||||
(City) | (State) | (Zip) | Person | ||||||||||||||||||||||||||||||||
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||||||||||||||||||
1. Title of Security (Instr. 3) | 2. Transaction | 2A. Deemed | 3. | 4. Securities Acquired (A) or | 5. Amount of | 6. Ownership | 7. Nature | ||||||||||||||||||||||||||||
Date | Execution Date, | Transaction | Disposed Of (D) (Instr. 3, 4 and 5) | Securities | Form: Direct | of Indirect | |||||||||||||||||||||||||||||
(Month/Day/Year) | if any | Code (Instr. | Beneficially | (D) or Indirect | Beneficial | ||||||||||||||||||||||||||||||
(Month/Day/Year) | 8) | Owned Following | (I) (Instr. 4) | Ownership | |||||||||||||||||||||||||||||||
Reported | (Instr. 4) | ||||||||||||||||||||||||||||||||||
Code | V | Amount | (A) or | Price | Transaction(s) | ||||||||||||||||||||||||||||||
(D) | (Instr. 3 and 4) | ||||||||||||||||||||||||||||||||||
Common Stock | 11/10/2020 | S | 9,055(1)(4) | D | $60.15 | 202,908 | D | ||||||||||||||||||||||||||||
Common Stock | 11/10/2020 | S | 12,630(2)(4) | D | $61.247 | 190,278 | D | ||||||||||||||||||||||||||||
Common Stock | 11/10/2020 | S | 4,202(3)(4) | D | $61.87 | 186,076 | D | ||||||||||||||||||||||||||||
Common Stock | 11/10/2020 | S | 200(4) | D | $63.61 | 185,876 | D | ||||||||||||||||||||||||||||
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||||||||||||||||||
(e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||||||||||||||||||||||
1. Title of | 2. | 3. Transaction | 3A. Deemed | 4. | 5. Number | 6. Date Exercisable and | 7. Title and | 8. Price of | 9. Number of | 10. | 11. Nature | ||||||||||||||||||||||||
Derivative | Conversion | Date | Execution Date, | Transaction | of | Expiration Date | Amount of | Derivative | derivative | Ownership | of Indirect | ||||||||||||||||||||||||
Security | or Exercise | (Month/Day/Year) | if any | Code (Instr. | Derivative | (Month/Day/Year) | Securities | Security | Securities | Form: | Beneficial | ||||||||||||||||||||||||
(Instr. 3) | Price of | (Month/Day/Year) | 8) | Securities | Underlying | (Instr. 5) | Beneficially | Direct (D) | Ownership | ||||||||||||||||||||||||||
Derivative | Acquired | Derivative | Owned | or Indirect | (Instr. 4) | ||||||||||||||||||||||||||||||
Security | (A) or | Security (Instr. | Following | (I) (Instr. 4) | |||||||||||||||||||||||||||||||
Disposed | 3 and 4) | Reported | |||||||||||||||||||||||||||||||||
of (D) | Transaction(s) | ||||||||||||||||||||||||||||||||||
(Instr. 3, 4 | (Instr. 4) | ||||||||||||||||||||||||||||||||||
and 5) | |||||||||||||||||||||||||||||||||||
Amount | |||||||||||||||||||||||||||||||||||
or | |||||||||||||||||||||||||||||||||||
Number | |||||||||||||||||||||||||||||||||||
Date | Expiration | of | |||||||||||||||||||||||||||||||||
Code | V | (A) | (D) | Exercisable | Date | Title | Shares | ||||||||||||||||||||||||||||
Explanation of Responses:
- 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 $59.64 to $60.635 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.
- 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 $60.66 to $61.66 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.
- 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 $61.69 to $62.67 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.
- This sale was affected pursuant to a Rule 10b5-1 trading plan adopted on 9/21/2020.
/s/ Leanne Fitzgerald attorney- 11/11/2020 in-fact
** Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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Cerence Inc. published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 21:54:02 UTC