Kundra Vivek 4
4 · Sprinklr, Inc. · Filed Jun 29, 2021
Insider Transaction Report
Form 4
Kundra Vivek
Chief Operating Officer
Transactions
- Other
Common Stock
2021-06-25−617,173→ 0 total - Other
Employee Stock Option (right to buy)
2021-06-25+206,250→ 206,250 totalExercise: $4.25Exp: 2029-03-18→ Class B Common Stock (206,250 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25+425,000→ 425,000 totalExercise: $4.93Exp: 2030-03-11→ Class B Common Stock (425,000 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25−100,000→ 0 total(indirect: See footnote)Exercise: $4.93Exp: 2030-03-11→ Common Stock (100,000 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25+337,500→ 337,500 totalExercise: $3.99Exp: 2028-05-09→ Class B Common Stock (337,500 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25−206,250→ 0 totalExercise: $4.25Exp: 2029-03-18→ Common Stock (206,250 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25+500,000→ 500,000 totalExercise: $7.68Exp: 2031-01-28→ Class B Common Stock (500,000 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25+100,000→ 100,000 total(indirect: See footnote)Exercise: $4.93Exp: 2030-03-11→ Class B Common Stock (100,000 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25−500,000→ 0 totalExercise: $7.68Exp: 2031-01-28→ Common Stock (500,000 underlying) - Other
Class B Common Stock
2021-06-25+617,173→ 617,173 total→ Class A Common Stock (617,173 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25−337,500→ 0 totalExercise: $3.99Exp: 2028-05-09→ Common Stock (337,500 underlying) - Other
Employee Stock Option (right to buy)
2021-06-25−425,000→ 0 totalExercise: $4.93Exp: 2030-03-11→ Common Stock (425,000 underlying)
Footnotes (8)
- [F1]Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F2]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the Reporting Person; and (3) the final conversion date, defined as the first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock to certain timing criteria.
- [F3]One fourth (1/4th) of the shares subject to the option award vested on May 8, 2019, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
- [F4]One fourth (1/4th) of the shares subject to the option award vested on May 1, 2020, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
- [F5]One fourth (1/4th) of the shares subject to the option award vested on March 11, 2021, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
- [F6]One fifth (1/5th) of the shares subject to the option award shall vest on January 28, 2022, and one sixtieth (1/60th) of the shares subject to the option award shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
- [F7]The option is fully vested and exercisable.
- [F8]The securities are held by Vivek Kundra Irrevocable Trust (2021) (the "Trust"). The Reporting Person's spouse is the trustee of the Trust.