4//SEC Filing
Adams Diane 4
Accession 0001415889-24-025747
CIK 0001569345other
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 4:15 PM ET
Size
11.9 KB
Accession
0001415889-24-025747
Insider Transaction Report
Form 4
Adams Diane
Chief Culture & Talent Officer
Transactions
- Sale
Class A Common Stock
2024-10-29$7.49/sh−434$3,251→ 377,508 total - Conversion
Class B Common Stock
2024-10-28−1,000→ 125,000 total→ Class A Common Stock (1,000 underlying) - Conversion
Class A Common Stock
2024-10-28+1,000→ 377,942 total - Sale
Class A Common Stock
2024-10-29$7.53/sh−566$4,262→ 376,942 total
Footnotes (5)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the Reporting Person; and (3) the final conversion date, defined as the first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock, subject to certain timing criteria.
- [F2]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.48 to $7.51 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (5).
- [F4]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2024.
- [F5]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.53 to $7.535 inclusive.
Documents
Issuer
Sprinklr, Inc.
CIK 0001569345
Entity typeother
Related Parties
1- filerCIK 0001475901
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 4:15 PM ET
- Size
- 11.9 KB