Crexendo, Inc.|4Mar 6, 7:43 PM ET

Brinton Jon 4

4 · Crexendo, Inc. · Filed Mar 6, 2025

Form 4

Period: 2025-03-04

Chief Revenue Officer

Transactions

Exercise/Conversion
Common Stock
2025-03-05+2,916→ 108,765 total
Tax Payment
Common Stock
2025-03-05$7.16/sh−923$6,609→ 107,842 total
Award
Restricted Stock Units
2025-03-04+35,000→ 35,000 total
Exercise: $0.00→ Common Stock (35,000 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-05−2,916→ 23,334 total
Exercise: $0.00→ Common Stock (2,916 underlying)

Footnotes (4)

[F1]Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
[F2]The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
[F3]The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
[F4]The Company withheld 923 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 5, 2025 of $7.16. This transaction does not represent a sale by the reporting person.

Documents

1 file