Conn Wilson Grad 4
4 · Sprinklr, Inc. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
Conn Wilson Grad
Chief Experience Officer
Transactions
- Sale
Class A Common Stock
2021-12-15$15.00/sh−10,000$150,000→ 16,582 total - Conversion
Class A Common Stock
2021-12-15+10,000→ 26,582 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-15−10,000→ 198,333 totalExercise: $3.99Exp: 2028-05-09→ Class B Common Stock (10,000 underlying) - Conversion
Class B Common Stock
2021-12-15−10,000→ 0 total→ Class A Common Stock (10,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-12-15$3.99/sh+10,000$39,900→ 10,000 total→ Class A Common Stock (10,000 underlying)
Footnotes (3)
- [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]Shares were sold pursuant to a Rule 10b5-1 trading plan.
- [F3]One fourth (1/4th) of the shares subject to the option award vested on April 9, 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.