Puri Anil K. 4
4 · Crexendo, Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Puri Anil K.
Director
Transactions
- Exercise/Conversion
Common Stock
2024-03-04$1.73/sh+15,000$25,950→ 48,656 total - Tax Payment
Common Stock
2024-03-04$5.47/sh−4,745$25,955→ 43,911 total - Exercise/Conversion
Non-qualified Stock Options
2024-03-04$1.73/sh−15,000$25,950→ 10,000 totalExercise: $1.73From: 2022-12-28Exp: 2032-12-28→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 10,255 shares of common stock on net exercise of option to purchase 15,000 shares of common stock. The Company withheld 4,745 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on March 4, 2024 of $5.47, This transaction does not represent a sale by the reporting person.