Williams David Roy 4
4 · Crexendo, Inc. · Filed Feb 24, 2022
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Williams David Roy
Director
Transactions
- Exercise/Conversion
Common Stock
2022-02-22$4.08/sh+10,000$40,800→ 37,805 total - Exercise/Conversion
Non-Qualified Stock Options
2022-02-22$4.08/sh−10,000$40,800→ 0 totalExercise: $4.08From: 2012-03-01Exp: 2022-03-01→ Common Stock (10,000 underlying) - Tax Payment
Common Stock
2022-02-22$4.26/sh−9,578$40,802→ 28,227 total
Footnotes (1)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 422 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 9,578 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on February 22 of $4.26, This transaction does not represent a sale by the reporting person.