4//SEC Filing
Goergen Todd Andrew 4
Accession 0001654954-24-002079
CIK 0001075736other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:00 PM ET
Size
13.8 KB
Accession
0001654954-24-002079
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Goergen Todd Andrew
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Options
2024-02-21$1.56/sh−10,000$15,600→ 0 totalExercise: $1.56From: 2017-03-07Exp: 2024-03-07→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2024-02-21$1.56/sh+10,000$15,600→ 226,223 total - Exercise/Conversion
Common Stock
2024-02-21$2.93/sh+10,000$29,300→ 233,601 total - Tax Payment
Common Stock
2024-02-21$5.95/sh−2,622$15,601→ 223,601 total - Tax Payment
Common Stock
2024-02-21$5.95/sh−4,925$29,304→ 228,676 total - Exercise/Conversion
Non-Qualified Stock Options
2024-02-21$2.93/sh−10,000$29,300→ 0 totalExercise: $2.93Exp: 2025-03-09→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 7,378 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 2,622 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on February 21, 2024 of $5.95, This transaction does not represent a sale by the reporting person.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 5,075 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 4,925 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on February 21, 2024 of $5.95, This transaction does not represent a sale by the reporting person.
- [F3]The options vested over 12 equal monthly installments beginning on 4/9/2018.
Documents
Issuer
Crexendo, Inc.
CIK 0001075736
Entity typeother
Related Parties
1- filerCIK 0001382293
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 7:00 PM ET
- Size
- 13.8 KB