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

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CXM
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/29/2021, 09:09 PM
Previous filing
Jun 22, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Common Stock Other -2.24M -100% 0 Jun 25, 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 +2.24M $0.00 2.24M Jun 25, 2021 Class A Common Stock 2.24M Direct F1, F2
transaction CXM Stock Option (right to buy) Other $0 -22.9K -100% $0.00* 0 Jun 25, 2021 Common Stock 22.9K $3.73 Direct F1, F3
transaction CXM Stock Option (right to buy) Other $0 +22.9K $0.00 22.9K Jun 25, 2021 Class B Common Stock 22.9K $3.73 Direct F1, F3
transaction CXM Stock Option (right to buy) Other $0 -103K -100% $0.00* 0 Jun 25, 2021 Common Stock 103K $4.45 Direct F1, F4
transaction CXM Stock Option (right to buy) Other $0 +103K $0.00 103K Jun 25, 2021 Class B Common Stock 103K $4.45 Direct F1, F4
transaction CXM Stock Option (right to buy) Other $0 -113K -100% $0.00* 0 Jun 25, 2021 Common Stock 113K $4.93 Direct F1, F5
transaction CXM Stock Option (right to buy) Other $0 +113K $0.00 113K Jun 25, 2021 Class B Common Stock 113K $4.93 Direct F1, F5
* 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 February 7, 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 forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on and a monthly basis commencing on January 10, 2020, then 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.