Khurram P. Sheikh - Mar 29, 2023 Form 4 Insider Report for CXApp Inc. (CXAI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Khurram P. Sheikh
Stock symbol
CXAI
Transactions as of
Mar 29, 2023
Transactions value $
$0
Form type
4
Date filed
3/31/2023, 06:25 PM
Next filing
Sep 11, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CXAI Stock Options Award +844K 844K Mar 29, 2023 Class A Common Stock 844K $1.53 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 29, 2023, the reporting person received Stock Options under the Issuer's 2023 Equity Incentive Plan, convertible into 844,200 shares of Class A Common Stock at an exercise price of $1.53 upon vesting. Half of the shares vest on March 29, 2024, and the other half on March 29, 2025.