Williams David Roy 4
4 · Crexendo, Inc. · Filed Jan 5, 2022
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Williams David Roy
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Options
2022-01-04$1.85/sh−5,000$9,250→ 0 totalExercise: $1.85From: 2015-01-05Exp: 2022-01-05→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2022-01-04$1.85/sh+5,000$9,250→ 29,674 total - Tax Payment
Common Stock
2022-01-04$4.95/sh−1,869$9,252→ 27,805 total
Footnotes (1)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 3,131 shares of common stock on net exercise of option to purchase 5,000 shares of common stock. The Company withheld 1,869 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on January 4, 2022 of $4.95, This transaction does not represent a sale by the reporting person.