X0206 3 2021-09-23 0 0001866368 Clearwater Analytics Holdings, Inc. CWAN 0001880114 Kochansky Joseph Morris C/O CLEARWATER ANALYTICS HOLDINGS, INC. 777 W. MAIN STREET, SUITE 900 BOISE ID 83702 0 1 0 0 See Remarks Restricted Units 0.00 CWAN Holdings LLC Interests 375000 D Employee Stock Option (right to buy) 14.28 2031-06-25 Class A Common Stock 1375000 D Theses shares represent restricted units which, upon vesting, will be settled in units of CWAN Holdings LLC Interests ("LLC Interests") and an equivalent number of noneconomic voting shares of Class B Common Stock. The reporting person will have the right to exchange his LLC Interests (together with the delivery for no consideration of an equal number of shares of Class B Common Stock) for an equal number of newly issued shares of Class A Common Stock, 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. The restricted units vest in four equal annual installments beginning on and including June 28, 2022. The reported securities are options which vest and become exercisable as follows: one installment reflecting 25% of the options vests and becomes exercisable on June 28, 2022 and the remainder vests and becomes exercisable 1/48th in 36 equal monthly installments beginning on July 28, 2022. President, Product and Technology Exhibit List - Exhibit 24.1 - Power of Attorney /s/ Alphonse Valbrune, as Attorney-in-Fact, for Joseph Kochansky 2021-09-23