Diane Adams - 25 Jun 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
Chief Culture & Talent Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
CXM
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
29 Jun 2021, 20:58:34 UTC
Previous filing
22 Jun 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Common Stock Other -152,436 -100% 0 25 Jun 2021 Direct F1

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 CXM Class B Common Stock Other $0 +152,436 $0.000000 152,436 25 Jun 2021 Class A Common Stock 152,436 Direct F1, F2
transaction CXM Employee Stock Option (right to buy) Other $0 -208,333 -100% $0.000000* 0 25 Jun 2021 Common Stock 208,333 $3.99 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 +208,333 $0.000000 208,333 25 Jun 2021 Class B Common Stock 208,333 $3.99 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 -85,938 -100% $0.000000* 0 25 Jun 2021 Common Stock 85,938 $4.25 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 +85,938 $0.000000 85,938 25 Jun 2021 Class B Common Stock 85,938 $4.25 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 -275,000 -100% $0.000000* 0 25 Jun 2021 Common Stock 275,000 $4.93 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 +275,000 $0.000000 275,000 25 Jun 2021 Class B Common Stock 275,000 $4.93 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 -200,000 -100% $0.000000* 0 25 Jun 2021 Common Stock 200,000 $7.68 Direct F1, F6
transaction CXM Employee Stock Option (right to buy) Other $0 +200,000 $0.000000 200,000 25 Jun 2021 Class B Common Stock 200,000 $7.68 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
F2 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 to certain timing criteria.
F3 One fourth (1/4th) of the shares subject to the option award vested on April 2, 2019, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
F4 One fourth (1/4th) of the shares subject to the option award vested on May 1, 2020, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
F5 One fourth (1/4th) of the shares subject to the option award vested on March 11, 2021, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.
F6 One fifth (1/5th) of the shares subject to the option award shall vest on January 28, 2022, and one sixtieth (1/60th) of the shares subject to the option award shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.