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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Khurram P. Sheikh
Issuer symbol
CXAI
Transactions as of
29 Mar 2023
Net transactions value
$0
Form type
4
Filing time
31 Mar 2023, 18:25:25 UTC
Next filing
11 Sep 2023
SEC
View on sec.gov

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 +844,200 844,200 29 Mar 2023 Class A Common Stock 844,200 $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.