Puri Anil K. 4
4 · Crexendo, Inc. · Filed Mar 7, 2025
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Puri Anil K.
Director
Transactions
- Tax Payment
Common Stock
2025-03-05$7.16/sh−4,093$29,306→ 49,818 total - Award
Stock Options
2025-03-04$5.77/sh+10,000$57,700→ 10,000 totalExercise: $5.77Exp: 2035-03-04→ Common Stock (10,000 underlying) - Exercise/Conversion
Non-qualified Stock Options
2025-03-05$2.93/sh−10,000$29,300→ 10,000 totalExercise: $2.93From: 2018-04-09Exp: 2025-03-09→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2025-03-05$2.93/sh+10,000$29,300→ 53,911 total
Footnotes (2)
- [F1]The options will vest over 24 equal monthly installments beginning on 4/4/2025.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 5,907 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 4,093 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on March 5, 2025 of $7.16, This transaction does not represent a sale by the reporting person.