Lynch Christopher Mark 4
4 · Sprinklr, Inc. · Filed Nov 23, 2021
Insider Transaction Report
Form 4
Lynch Christopher Mark
Chief Financial Officer
Transactions
- Exercise/Conversion
Class B Common Stock
2021-11-22$3.73/sh+26,809$99,998→ 1,256,777 total→ Class A Common Stock (26,809 underlying) - Conversion
Class A Common Stock
2021-11-22+26,809→ 556,777 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-11-22−26,809→ 160,691 totalExercise: $3.73Exp: 2028-02-07→ Class B Common Stock (26,809 underlying) - Conversion
Class B Common Stock
2021-11-22−26,809→ 1,229,968 total→ Class A Common Stock (26,809 underlying)
Footnotes (2)
- [F1]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, subject to certain timing criteria.
- [F2]One fourth (1/4th) of the shares subject to the option award vested on February 7, 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.