Puri Anil K. 4
4 · Crexendo, Inc. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Puri Anil K.
Director
Transactions
- Exercise/Conversion
Common Stock
2024-02-21$1.56/sh+10,000$15,600→ 36,278 total - Tax Payment
Common Stock
2024-02-21$5.95/sh−2,622$15,601→ 33,656 total - 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)
Footnotes (1)
- [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.