{"transactions":[{"id":4627572,"issuer":{"id":4693,"kind":"organization","name":"InnovAge Holding Corp.","symbol":"INNV"},"owners":[{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":1,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71799,"kind":"organization","name":"WCAS CO-INVEST ASSOCIATES LLC","position":2,"cik":"0001848628","reported_name":"WCAS CO-INVEST ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":3,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":4,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":5,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71794,"kind":"organization","name":"WCAS XII Co-Investors LLC","position":6,"cik":"0001658393","reported_name":"WCAS XII Co-Investors LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71796,"kind":"organization","name":"WCAS MANAGEMENT CORP","position":7,"cik":"0001212983","reported_name":"WCAS MANAGEMENT CORP","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71795,"kind":"organization","name":"WCAS - CO-INVEST HOLDCO, L.P.","position":8,"cik":"0001845108","reported_name":"WCAS - CO-INVEST HOLDCO, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71798,"kind":"organization","name":"WCAS XII ASSOCIATES LLC","position":9,"cik":"0001848767","reported_name":"WCAS XII ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, $0.001 par value","published_at":"2026-09-28T20:15:10.000Z","date":"2026-09-24","kind":"sale","planned":false,"acquired":false,"shares":10000000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On September 24, 2026, TCO Group Holdings, L.P. sold 10,000,000 shares of common stock, par value $0.001, of InnovAge Holding Corp. (the \"Issuer\") in an underwritten public offering pursuant to the Issuer's Registration Statement on Form S-3 (File No. 333-297888)."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The limited partners of TCO Group Holdings, L.P. may control the voting and dispositive power with respect to the common stock if Welsh, Carson, Anderson & Stowe XII, L.P. (\"WCAS XII\"), Welsh, Carson, Anderson & Stowe XII Delaware, L.P. (\"WCAS XII-D\"), Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. (\"WCAS XII-DII\"), Welsh, Carson, Anderson & Stowe XII Cayman, L.P. (\"WCAS XII-C\"), WCAS XII Co-Investors LLC (\"WCAS XII-Co\"), WCAS Management Corporation and WCAS Co-Invest Holdco, L.P. (collectively, the \"WCAS Investor\") consents to a change to the delegation of authority to the committee of limited partners that controls TCO Group Holdings, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"The general partner of each of WCAS XII and WCAS XII-DII is WCAS XII Associates LLC (\"WCAS XII Associates\"). The general partner of each of WCAS XII-D and WCAS XII-C is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Associates Cayman, L.P. is WCAS XII Associates."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The managing members of WCAS XII Associates are Thomas A. Scully, Sean Traynor, Anthony deNicola, D. Scott Mackesy, Brian Regan, Michael Donovan, Christopher Hooper, Christopher Solomon, Edward Sobol, Gregory Lau, Frances Higgins, Nicholas O'Leary, Caroline Dechert, Ting Gu, Sydney Ouyang and Ryan Harper (collectively, the \"WCAS GP\"). The general partner of WCAS Co-Invest Holdco, L.P. is WCAS Co-Invest Associates LLC. The managing members of each of WCAS XII-Co and WCAS Co-Invest Associates, LLC is the WCAS GP. D. Scott Mackesy, Brian Regan and Michael Donovan (\"WCAS Board\") comprise the board of directors of WCAS Management Corporation. Each of the foregoing entities and individuals disclaim beneficial ownership of the shares held of record by TCO Group Holdings, L.P. except to the extent of its, his or her pecuniary interest therein."}],"balance_after":102576555,"source":{"system":"sec-edgar","filing":"0001193125-26-405346","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1848767/000119312526405346/ownership.xml","form_type":"4"}},{"id":3577512,"issuer":{"id":4693,"kind":"organization","name":"InnovAge Holding Corp.","symbol":"INNV"},"owners":[{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":1,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71799,"kind":"organization","name":"WCAS CO-INVEST ASSOCIATES LLC","position":2,"cik":"0001848628","reported_name":"WCAS CO-INVEST ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":3,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":4,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":5,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71794,"kind":"organization","name":"WCAS XII Co-Investors LLC","position":6,"cik":"0001658393","reported_name":"WCAS XII Co-Investors LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71796,"kind":"organization","name":"WCAS MANAGEMENT CORP","position":7,"cik":"0001212983","reported_name":"WCAS MANAGEMENT CORP","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71795,"kind":"organization","name":"WCAS - CO-INVEST HOLDCO, L.P.","position":8,"cik":"0001845108","reported_name":"WCAS - CO-INVEST HOLDCO, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71798,"kind":"organization","name":"WCAS XII ASSOCIATES LLC","position":9,"cik":"0001848767","reported_name":"WCAS XII ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, $0.001 par value","published_at":"2026-09-08T22:00:05.000Z","date":"2026-09-03","kind":"other","planned":false,"acquired":false,"shares":411515,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Reflects a distribution by TCO Group Holdings, L.P. to a limited partner as consideration for its interest in TCO Group Holdings, L.P."},{"field":"shares","element":"transactionShares","label":"F1","text":"Reflects a distribution by TCO Group Holdings, L.P. to a limited partner as consideration for its interest in TCO Group Holdings, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The limited partners of TCO Group Holdings, L.P. may control the voting and dispositive power with respect to the common stock if Welsh, Carson, Anderson & Stowe XII, L.P. (\"WCAS XII\"), Welsh, Carson, Anderson & Stowe XII Delaware, L.P. (\"WCAS XII-D\"), Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. (\"WCAS XII-DII\"), Welsh, Carson, Anderson & Stowe XII Cayman, L.P. (\"WCAS XII-C\"), WCAS XII Co-Investors LLC (\"WCAS XII-Co\"), WCAS Management Corporation and WCAS Co-Invest Holdco, L.P. (collectively, the \"WCAS Investor\") consents to a change to the delegation of authority to the committee of limited partners that controls TCO Group Holdings, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"The general partner of each of WCAS XII and WCAS XII-DII is WCAS XII Associates LLC (\"WCAS XII Associates\"). The general partner of each of WCAS XII-D and WCAS XII-C is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Associates Cayman, L.P. is WCAS XII Associates."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The managing members of WCAS XII Associates are Thomas A. Scully, Sean Traynor, Anthony deNicola, D. Scott Mackesy, Brian Regan, Michael Donovan, Eric Lee, Christopher Hooper, Christopher Solomon, Edward Sobol, Gregory Lau, Frances Higgins, Nicholas O'Leary, Jonathan Rather and Ryan Harper (collectively, the \"WCAS GP\"). The general partner of WCAS Co-Invest Holdco, L.P. is WCAS Co-Invest Associates LLC. The managing members of each of WCAS XII-Co and WCAS Co-Invest Associates, LLC is the WCAS GP. Anthony deNicola, Christopher Hooper, D. Scott Mackesy, Jonathan Rather, Brian Regan, Michael Donovan and Edward Sobol (\"WCAS Board\") comprise the board of directors of WCAS Management Corporation. Each of the foregoing entities and individuals disclaim beneficial ownership of the shares held of record by TCO Group Holdings, L.P. except to the extent of its or his pecuniary interest therein."}],"balance_after":112576555,"source":{"system":"sec-edgar","filing":"0001193125-26-385422","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1848767/000119312526385422/ownership.xml","form_type":"4"}},{"id":1584545,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"other","planned":false,"acquired":false,"shares":180680,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"kind","element":"transactionCoding","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"shares","element":"transactionShares","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."}],"balance_after":27424288,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":180680},"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584544,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"exercise","planned":false,"acquired":false,"shares":5259868,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":27424288,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":5259868},"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584543,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"other","planned":false,"acquired":false,"shares":255521,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"kind","element":"transactionCoding","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"shares","element":"transactionShares","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."}],"balance_after":21581727,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584542,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"other","planned":false,"acquired":false,"shares":180680,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"kind","element":"transactionCoding","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"shares","element":"transactionShares","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"The reported securities were distributed by the Distributing Entities for no consideration to WCAS XII Associates LLC and WCAS XII Associates Cayman, L.P., each of which previously owned such shares indirectly. Each of the Distributing Entities no longer holds any Issuer securities and will cease to be Reporting Persons on future Section 16 filings."}],"balance_after":27424288,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584541,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"sale","planned":false,"acquired":false,"shares":16250000,"price":16.9,"value":274625000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a price to the underwriter of $16.90 per share of Class A Common Stock. The underwriter may offer the shares of Class A Common Stock from time to time in one or more transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584540,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"exercise","planned":false,"acquired":true,"shares":16250000,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":16250000,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584539,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"exercise","planned":false,"acquired":false,"shares":10990132,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F8","text":"The reported amount also reflects a distribution and charitable contribution of 5,500 shares of Class D Common Stock by WCAS XII Associates LLC on December 29, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":21581727,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1584538,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2024-03-11T18:21:26.000Z","date":"2024-03-11","kind":"exercise","planned":false,"acquired":false,"shares":5259868,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,235,158 shares of Class C Common Stock and (b) 951,404 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,470 shares of Class C Common Stock and (b) 791,950 shares of Class D Common Stock, which were received in distributions, for no consideration, from WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., Welsh, Carson, Anderson & Stowe XII Delaware, L.P., Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., Welsh, Carson, Anderson & Stowe XII Cayman, L.P., and WCAS XII Carbon Investors, L.P. (the \"Distributing Entities\") through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":27424288,"source":{"system":"sec-edgar","filing":"0000950170-24-029481","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000095017024029481/ownership.xml","form_type":"4"}},{"id":1625373,"issuer":{"id":4693,"kind":"organization","name":"InnovAge Holding Corp.","symbol":"INNV"},"owners":[{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":1,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71799,"kind":"organization","name":"WCAS CO-INVEST ASSOCIATES LLC","position":2,"cik":"0001848628","reported_name":"WCAS CO-INVEST ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":3,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":4,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":5,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71794,"kind":"organization","name":"WCAS XII Co-Investors LLC","position":6,"cik":"0001658393","reported_name":"WCAS XII Co-Investors LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71796,"kind":"organization","name":"WCAS MANAGEMENT CORP","position":7,"cik":"0001212983","reported_name":"WCAS MANAGEMENT CORP","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71795,"kind":"organization","name":"WCAS - CO-INVEST HOLDCO, L.P.","position":8,"cik":"0001845108","reported_name":"WCAS - CO-INVEST HOLDCO, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71798,"kind":"organization","name":"WCAS XII ASSOCIATES LLC","position":9,"cik":"0001848767","reported_name":"WCAS XII ASSOCIATES LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, $0.001 par value","published_at":"2024-02-22T18:13:13.000Z","date":"2024-02-22","kind":"other","planned":false,"acquired":false,"shares":3532542,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Reflects a distribution by TCO Group Holdings, L.P. to a limited partner as consideration for its interest in TCO Group Holdings, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The limited partners of TCO Group Holdings, L.P. may control the voting and dispositive power with respect to the common stock if Welsh, Carson, Anderson & Stowe XII, L.P. (\"WCAS XII\"), Welsh, Carson, Anderson & Stowe XII Delaware, L.P. (\"WCAS XII-D\"), Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. (\"WCAS XII-DII\"), Welsh, Carson, Anderson & Stowe XII Cayman, L.P. (\"WCAS XII-C\"), WCAS XII Co-Investors LLC (\"WCAS XII-Co\"), WCAS Management Corporation and WCAS Co-Invest Holdco, L.P. (collectively, the \"WCAS Investor\") consents to a change to the delegation of authority to the committee of limited partners that controls TCO Group Holdings, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"The general partner of each of WCAS XII and WCAS XII-DII is WCAS XII Associates LLC (\"WCAS XII Associates\"). The general partner of each of WCAS XII-D and WCAS XII-C is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Associates Cayman, L.P. is WCAS XII Associates."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The managing members of WCAS XII Associates are Thomas A. Scully, Sean Traynor, Anthony deNicola, D. Scott Mackesy, Brian Regan, Michael Donovan, Eric Lee, Christopher Hooper, Christopher Solomon, Edward Sobol, Gregory Lau, Frances Higgins, Nicholas O'Leary, Jonathan Rather and Ryan Harper (collectively, the \"WCAS GP\"). The general partner of WCAS Co-Invest Holdco, L.P. is WCAS Co-Invest Associates LLC. The managing members of each of WCAS XII-Co and WCAS Co-Invest Associates, LLC is the WCAS GP. Anthony deNicola, Christopher Hooper, D. Scott Mackesy, Jonathan Rather, Brian Regan, Michael Donovan and Edward Sobol (\"WCAS Board\") comprise the board of directors of WCAS Management Corporation. Each of the foregoing entities and individuals disclaim beneficial ownership of the shares held of record by TCO Group Holdings, L.P. except to the extent of its or his pecuniary interest therein."}],"balance_after":112988070,"source":{"system":"sec-edgar","filing":"0001104659-24-026646","document":"tm2332834-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1658393/000110465924026646/tm2332834-2_4seq1.xml","form_type":"4"}},{"id":1722141,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-12-05T16:05:16.000Z","date":"2023-12-05","kind":"exercise","planned":false,"acquired":false,"shares":3058518,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,054,693 shares of Class C Common Stock and (b) 817,091 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,255 shares of Class C Common Stock and (b) 676,242 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":32684156,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":3058518},"source":{"system":"sec-edgar","filing":"0000899243-23-020543","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020543/doc4.xml","form_type":"4"}},{"id":1722140,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-12-05T16:05:16.000Z","date":"2023-12-05","kind":"sale","planned":false,"acquired":false,"shares":9558675,"price":19.75,"value":188783831.25,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a price to the underwriter of $19.75 per share of Class A Common Stock. The underwriter may offer the shares of Class A Common Stock from time to time in one or more transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,054,693 shares of Class C Common Stock and (b) 817,091 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,255 shares of Class C Common Stock and (b) 676,242 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-020543","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020543/doc4.xml","form_type":"4"}},{"id":1722139,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-12-05T16:05:16.000Z","date":"2023-12-05","kind":"exercise","planned":false,"acquired":true,"shares":9558675,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,054,693 shares of Class C Common Stock and (b) 817,091 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,255 shares of Class C Common Stock and (b) 676,242 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":9558675,"source":{"system":"sec-edgar","filing":"0000899243-23-020543","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020543/doc4.xml","form_type":"4"}},{"id":1722138,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-12-05T16:05:16.000Z","date":"2023-12-05","kind":"exercise","planned":false,"acquired":false,"shares":6500157,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,054,693 shares of Class C Common Stock and (b) 817,091 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,255 shares of Class C Common Stock and (b) 676,242 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":32577359,"source":{"system":"sec-edgar","filing":"0000899243-23-020543","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020543/doc4.xml","form_type":"4"}},{"id":1722137,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-12-05T16:05:16.000Z","date":"2023-12-05","kind":"exercise","planned":false,"acquired":false,"shares":3058518,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 5,440,548 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 3,876,557 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 1,674,056 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 242,933 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 1,683,730 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 3,768,377 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 1,054,693 shares of Class C Common Stock and (b) 817,091 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 1,255 shares of Class C Common Stock and (b) 676,242 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":32684156,"source":{"system":"sec-edgar","filing":"0000899243-23-020543","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020543/doc4.xml","form_type":"4"}},{"id":1745881,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-11-09T21:58:30.000Z","date":"2023-11-09","kind":"exercise","planned":false,"acquired":false,"shares":3595072,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 782,063 shares of Class C Common Stock and (b) 605,881 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 930 shares of Class C Common Stock and (b) 501,433 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":35742674,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":3595072},"source":{"system":"sec-edgar","filing":"0000899243-23-020321","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020321/doc4.xml","form_type":"4"}},{"id":1745880,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-11-09T21:58:30.000Z","date":"2023-11-09","kind":"sale","planned":false,"acquired":false,"shares":11245500,"price":17.31,"value":194659605.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a public offering price of $17.50 per share of Class A Common Stock less an underwriting discount of $0.19 per share for shares sold in an underwritten public offering."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 782,063 shares of Class C Common Stock and (b) 605,881 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 930 shares of Class C Common Stock and (b) 501,433 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-020321","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020321/doc4.xml","form_type":"4"}},{"id":1745879,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-11-09T21:58:30.000Z","date":"2023-11-09","kind":"exercise","planned":false,"acquired":true,"shares":11245500,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 782,063 shares of Class C Common Stock and (b) 605,881 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 930 shares of Class C Common Stock and (b) 501,433 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":11245500,"source":{"system":"sec-edgar","filing":"0000899243-23-020321","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020321/doc4.xml","form_type":"4"}},{"id":1745878,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-11-09T21:58:30.000Z","date":"2023-11-09","kind":"exercise","planned":false,"acquired":false,"shares":7650428,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 782,063 shares of Class C Common Stock and (b) 605,881 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 930 shares of Class C Common Stock and (b) 501,433 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":39077516,"source":{"system":"sec-edgar","filing":"0000899243-23-020321","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020321/doc4.xml","form_type":"4"}},{"id":1745877,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-11-09T21:58:30.000Z","date":"2023-11-09","kind":"exercise","planned":false,"acquired":false,"shares":3595072,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 8,772,021 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 6,250,332 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 2,699,149 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 391,691 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 2,714,748 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 6,075,909 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 782,063 shares of Class C Common Stock and (b) 605,881 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 930 shares of Class C Common Stock and (b) 501,433 shares of Class D Common Stock, which were received in distributions, for no consideration, by the WCAS Entities, through the date of this Form 4. The holdings by the WCAS Entities reflected in Footnotes 3 and 4 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":35742674,"source":{"system":"sec-edgar","filing":"0000899243-23-020321","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323020321/doc4.xml","form_type":"4"}},{"id":1849980,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-06-20T19:41:55.000Z","date":"2023-06-20","kind":"exercise","planned":false,"acquired":false,"shares":3215940,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 446,391 shares of Class C Common Stock and (b) 345,827 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 530 shares of Class C Common Stock and (b) 286,210 shares of Class D Common Stock, which were received in two distributions, for no consideration, by the WCAS Entities, the first of which were reported on a Form 4 filed with the SEC by the Reporting Persons on March 31, 2023. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":39337746,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":3215940},"source":{"system":"sec-edgar","filing":"0000899243-23-016066","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323016066/doc4.xml","form_type":"4"}},{"id":1849979,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-06-20T19:41:55.000Z","date":"2023-06-20","kind":"sale","planned":false,"acquired":false,"shares":10000000,"price":15.95,"value":159500000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a public offering price of $16.05 per share of Class A Common Stock less an underwriting discount of $0.10 per share for shares sold in an underwritten public offering."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 446,391 shares of Class C Common Stock and (b) 345,827 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 530 shares of Class C Common Stock and (b) 286,210 shares of Class D Common Stock, which were received in two distributions, for no consideration, by the WCAS Entities, the first of which were reported on a Form 4 filed with the SEC by the Reporting Persons on March 31, 2023. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-016066","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323016066/doc4.xml","form_type":"4"}},{"id":1849978,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-06-20T19:41:55.000Z","date":"2023-06-20","kind":"exercise","planned":false,"acquired":true,"shares":10000000,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 446,391 shares of Class C Common Stock and (b) 345,827 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 530 shares of Class C Common Stock and (b) 286,210 shares of Class D Common Stock, which were received in two distributions, for no consideration, by the WCAS Entities, the first of which were reported on a Form 4 filed with the SEC by the Reporting Persons on March 31, 2023. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":10000000,"source":{"system":"sec-edgar","filing":"0000899243-23-016066","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323016066/doc4.xml","form_type":"4"}},{"id":1849977,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-06-20T19:41:55.000Z","date":"2023-06-20","kind":"exercise","planned":false,"acquired":false,"shares":6784060,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 446,391 shares of Class C Common Stock and (b) 345,827 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 530 shares of Class C Common Stock and (b) 286,210 shares of Class D Common Stock, which were received in two distributions, for no consideration, by the WCAS Entities, the first of which were reported on a Form 4 filed with the SEC by the Reporting Persons on March 31, 2023. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":46727944,"source":{"system":"sec-edgar","filing":"0000899243-23-016066","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323016066/doc4.xml","form_type":"4"}},{"id":1849976,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-06-20T19:41:55.000Z","date":"2023-06-20","kind":"exercise","planned":false,"acquired":false,"shares":3215940,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 12,703,165 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 9,051,393 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 3,908,762 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 567,226 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 3,931,351 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 8,798,802 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 446,391 shares of Class C Common Stock and (b) 345,827 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 530 shares of Class C Common Stock and (b) 286,210 shares of Class D Common Stock, which were received in two distributions, for no consideration, by the WCAS Entities, the first of which were reported on a Form 4 filed with the SEC by the Reporting Persons on March 31, 2023. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":39337746,"source":{"system":"sec-edgar","filing":"0000899243-23-016066","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323016066/doc4.xml","form_type":"4"}},{"id":1934150,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-03-31T19:15:41.000Z","date":"2023-03-30","kind":"exercise","planned":false,"acquired":false,"shares":237883,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 237,253 shares of Class C Common Stock and (b) 183,805 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 152,117 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnote 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":42553686,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":237883},"source":{"system":"sec-edgar","filing":"0000899243-23-010127","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323010127/doc4.xml","form_type":"4"}},{"id":1934149,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-31T19:15:41.000Z","date":"2023-03-31","kind":"sale","planned":false,"acquired":false,"shares":729953,"price":14.5,"value":10584318.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a public offering price of $15.00 per share of Class A Common Stock less an underwriting discount of $0.50 per share for shares sold in an underwritten public offering."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 237,253 shares of Class C Common Stock and (b) 183,805 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 152,117 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnote 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-010127","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323010127/doc4.xml","form_type":"4"}},{"id":1934148,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-31T19:15:41.000Z","date":"2023-03-30","kind":"exercise","planned":false,"acquired":true,"shares":729953,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 237,253 shares of Class C Common Stock and (b) 183,805 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 152,117 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnote 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":729953,"source":{"system":"sec-edgar","filing":"0000899243-23-010127","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323010127/doc4.xml","form_type":"4"}},{"id":1934147,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-03-31T19:15:41.000Z","date":"2023-03-30","kind":"exercise","planned":false,"acquired":false,"shares":492070,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 237,253 shares of Class C Common Stock and (b) 183,805 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 152,117 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnote 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":53512004,"source":{"system":"sec-edgar","filing":"0000899243-23-010127","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323010127/doc4.xml","form_type":"4"}},{"id":1934146,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-03-31T19:15:41.000Z","date":"2023-03-30","kind":"exercise","planned":false,"acquired":false,"shares":237883,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,128,491 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,492,043 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 4,962,735 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 720,175 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 4,991,414 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,171,342 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 237,253 shares of Class C Common Stock and (b) 183,805 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 152,117 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnote 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":42553686,"source":{"system":"sec-edgar","filing":"0000899243-23-010127","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323010127/doc4.xml","form_type":"4"}},{"id":1937028,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-03-28T19:45:51.000Z","date":"2023-03-27","kind":"exercise","planned":false,"acquired":false,"shares":391675,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 236,696 shares of Class C Common Stock and (b) 183,373 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 151,761 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnotes 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":42791569,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":391675},"source":{"system":"sec-edgar","filing":"0000899243-23-009836","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323009836/doc4.xml","form_type":"4"}},{"id":1937027,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-28T19:45:51.000Z","date":"2023-03-28","kind":"sale","planned":false,"acquired":false,"shares":1220047,"price":14.5,"value":17690681.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a public offering price of $15.00 per share of Class A Common Stock less an underwriting discount of $0.50 per share for shares sold in an underwritten public offering."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 236,696 shares of Class C Common Stock and (b) 183,373 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 151,761 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnotes 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-009836","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323009836/doc4.xml","form_type":"4"}},{"id":1937026,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-28T19:45:51.000Z","date":"2023-03-27","kind":"exercise","planned":false,"acquired":true,"shares":1220047,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 236,696 shares of Class C Common Stock and (b) 183,373 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 151,761 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnotes 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":1220047,"source":{"system":"sec-edgar","filing":"0000899243-23-009836","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323009836/doc4.xml","form_type":"4"}},{"id":1937025,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-03-28T19:45:51.000Z","date":"2023-03-27","kind":"exercise","planned":false,"acquired":false,"shares":828372,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 236,696 shares of Class C Common Stock and (b) 183,373 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 151,761 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnotes 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":54004074,"source":{"system":"sec-edgar","filing":"0000899243-23-009836","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323009836/doc4.xml","form_type":"4"}},{"id":1937024,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-03-28T19:45:51.000Z","date":"2023-03-27","kind":"exercise","planned":false,"acquired":false,"shares":391675,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,366,931 shares of Class C Common Stock directly held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock directly held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock directly held by WCAS GP CW LLC, 11,661,939 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,036,103 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 730,822 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,065,206 shares of Class D Common Stock directly held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,336,497 shares of Class D Common Stock directly held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock directly held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(continued from footnote 3) Additionally, (i) WCAS XII Associates LLC directly holds (a) 236,696 shares of Class C Common Stock and (b) 183,373 shares of Class D Common Stock and (ii) WCAS XII Associates Cayman, L.P. directly holds (a) 282 shares of Class C Common Stock and (b) 151,761 shares of Class D Common Stock, which were received in a distribution, for no consideration, by the WCAS Entities. The holdings by the WCAS Entities reflected in Footnote 3 give effect to these distributions. The amounts reflected in Footnotes 3 and 4 hereof also give effect to the sales reported in this statement which were pursuant to an exercise by the underwriters of their option to purchase additional shares of Class A Common Stock in connection with the previously reported underwritten public offering that initially closed on March 13, 2023."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":42791569,"source":{"system":"sec-edgar","filing":"0000899243-23-009836","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323009836/doc4.xml","form_type":"4"}},{"id":1957023,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"CWAN Holdings LLC Interests","published_at":"2023-03-13T16:09:50.000Z","date":"2023-03-09","kind":"exercise","acquired":false,"shares":4194343,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F7","text":"The Form 3 filed by the Reporting Persons inadvertently overstated the amount of LLC Interests held by the Reporting Persons, which, at the time of such filing, was 47,377,587 LLC Interests. The reported amount corrects such overstatement after giving effect to the conversion of LLC Interests reported herein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":43183244,"derivative":{"underlying":"Class A or Class D Common Stock","underlying_shares":4194343},"source":{"system":"sec-edgar","filing":"0000899243-23-008237","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323008237/doc4.xml","form_type":"4"}},{"id":1957022,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-13T16:09:50.000Z","date":"2023-03-13","kind":"sale","acquired":false,"shares":13000000,"price":14.5,"value":188500000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"This amount represents a public offering price of $15.00 per share of Class A Common Stock less an underwriting discount of $0.50 per share for shares sold in an underwritten public offering."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-23-008237","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323008237/doc4.xml","form_type":"4"}},{"id":1957021,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock","published_at":"2023-03-13T16:09:50.000Z","date":"2023-03-09","kind":"exercise","acquired":true,"shares":13000000,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":13000000,"source":{"system":"sec-edgar","filing":"0000899243-23-008237","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323008237/doc4.xml","form_type":"4"}},{"id":1957020,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class D Common Stock","published_at":"2023-03-13T16:09:50.000Z","date":"2023-03-09","kind":"exercise","acquired":false,"shares":8805657,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":54832446,"source":{"system":"sec-edgar","filing":"0000899243-23-008237","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323008237/doc4.xml","form_type":"4"}},{"id":1957019,"issuer":{"id":35410,"kind":"organization","name":"Clearwater Analytics Holdings, Inc.","symbol":"CWAN"},"owners":[{"id":93249,"kind":"organization","name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","position":1,"cik":"0001879860","reported_name":"WCAS XII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78568,"kind":"organization","name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","position":2,"cik":"0001879859","reported_name":"WCAS XIII CARBON ANALYTICS ACQUISITION, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78569,"kind":"organization","name":"WCAS GP CW LLC","position":3,"cik":"0001879925","reported_name":"WCAS GP CW LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":93250,"kind":"organization","name":"WCAS XII Carbon Investors, L.P.","position":4,"cik":"0001884563","reported_name":"WCAS XII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78570,"kind":"organization","name":"WCAS XIII Carbon Investors, L.P.","position":5,"cik":"0001884565","reported_name":"WCAS XIII Carbon Investors, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71793,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII, L.P.","position":6,"cik":"0001626317","reported_name":"Welsh, Carson, Anderson & Stowe XII, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71792,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","position":7,"cik":"0001680912","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71791,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","position":8,"cik":"0001627643","reported_name":"Welsh, Carson, Anderson & Stowe XII Delaware II, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71790,"kind":"organization","name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","position":9,"cik":"0001627644","reported_name":"Welsh, Carson, Anderson & Stowe XII Cayman, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":71797,"kind":"organization","name":"WCAS XII ASSOCIATES CAYMAN, L.P.","position":10,"cik":"0001848620","reported_name":"WCAS XII ASSOCIATES CAYMAN, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class C Common Stock","published_at":"2023-03-13T16:09:50.000Z","date":"2023-03-09","kind":"exercise","acquired":false,"shares":4194343,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of Class C Common Stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class C Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. The Reporting Person may exchange all or a portion of such person's common units of CWAN Holdings, LLC (\"LLC Interests\") (together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for an equal number of newly issued shares of Class D Common Stock or Class A Common Stock from time to time, subject to customary adjustments, or, at the election of the Issuer, a cash payment equal to the 20 day volume weighted average price of shares of Class A Common Stock immediately prior to the applicable exchange date."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Upon the earlier of (i) the date that affiliates of Welsh Carson own less than 5% of the Issuer's common stock and (ii) the seventh anniversary of the closing of the Issuer's initial public offering, each share of Class D Common Stock will automatically convert into a share of Class A Common Stock and each share of Class C Common Stock will automatically convert into a share of Class B Common Stock of the Issuer, each of which is entitled to one vote per share. Thereafter, an exchange of the Reporting Person's LLC Interests will be for Class A Common Stock and the surrender for no consideration of non-economic voting stock in connection with such exchange will be with respect to Class B Common Stock held by the Reporting Person."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Includes 16,995,584 shares of Class C Common Stock held by WCAS XII Carbon Analytics Acquisition, L.P., 24,572,711 shares of Class C Common Stock held by WCAS XIII Carbon Analytics Acquisition, L.P., 1,614,949 shares of Class C Common Stock held by WCAS GP CW LLC, 12,114,292 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII, L.P., 5,231,009 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware, L.P., 757,934 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Delaware II, L.P., 5,263,125 shares of Class D Common Stock held by Welsh, Carson, Anderson & Stowe XII Cayman, L.P., 11,627,713 shares of Class D Common Stock held by WCAS XII Carbon Investors, L.P. and 19,838,373 shares of Class D Common Stock held by WCAS XIII Carbon Investors, L.P. (together, the \"WCAS Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"The general partner of Welsh, Carson, Anderson & Stowe XII Delaware, L.P. and Welsh, Carson, Anderson & Stowe XII Cayman, L.P. is WCAS XII Associates Cayman, L.P. The general partner of WCAS XII Carbon Analytics Acquisition, L.P., Welsh, Carson, Anderson & Stowe XII, L.P., WCAS XII Associates Cayman, L.P. and Welsh, Carson, Anderson & Stowe XII Delaware II, L.P. is WCAS XII Associates LLC. The general partner of WCAS XIII Carbon Analytics Acquisition, L.P. and the managing member of WCAS GP CW LLC is WCAS XIII Associates LLC. Investment and voting decisions with respect to the shares held by the WCAS Entities are made by a committee comprised of three or more individuals and all members of such committee disclaim beneficial ownership of the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose."}],"balance_after":43183244,"source":{"system":"sec-edgar","filing":"0000899243-23-008237","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1879860/000089924323008237/doc4.xml","form_type":"4"}}]}