Puri Anil K. 4
4 · Crexendo, Inc. · Filed Nov 23, 2022
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Puri Anil K.
Director
Transactions
- Tax Payment
Common Stock
2022-11-18$2.10/sh−7,929$16,651→ 21,278 total - Exercise/Conversion
Common Stock
2022-11-18$1.11/sh+15,000$16,650→ 29,207 total - Exercise/Conversion
Non-Qualified Stock Options
2022-11-18$1.11/sh−15,000$16,650→ 0 totalExercise: $1.11From: 2015-12-31Exp: 2022-12-31→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 7,071 shares of common stock on net exercise of option to purchase 15,000 shares of common stock. The Company withheld 7,929 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on November 18 of $2.10, This transaction does not represent a sale by the reporting person.