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

Role
Chief Executive Officer, Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CXM
Transactions as of
Jun 25, 2021
Transactions value $
$500,000
Form type
4
Date filed
6/29/2021, 09:22 PM
Previous filing
Jun 24, 2021
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Common Stock Other $0 -28.8M -100% $0.00* 0 Jun 25, 2021 Direct F1
transaction CXM Common Stock Other $0 -8.13M -100% $0.00* 0 Jun 25, 2021 Direct F1
transaction CXM Common Stock Other $0 -13.1M -100% $0.00* 0 Jun 25, 2021 Direct F1
transaction CXM Common Stock Other $0 -3.17M -100% $0.00* 0 Jun 25, 2021 Direct F1
transaction CXM Common Stock Other $0 -500K -100% $0.00* 0 Jun 25, 2021 Direct F1
transaction CXM Class A Common Stock Purchase $500K +31.3K $16.00 31.3K Jun 25, 2021 Direct

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 +28.8M $0.00 28.8M Jun 25, 2021 Class A Common Stock 28.8M Direct F1, F2
transaction CXM Class B Common Stock Other $0 +8.13M $0.00 8.13M Jun 25, 2021 Class A Common Stock 8.13M Direct F1, F2
transaction CXM Class B Common Stock Other $0 +13.1M $0.00 13.1M Jun 25, 2021 Class A Common Stock 13.1M Direct F1, F2
transaction CXM Class B Common Stock Other $0 +3.17M $0.00 3.17M Jun 25, 2021 Class A Common Stock 3.17M Direct F1, F2
transaction CXM Class B Common Stock Other $0 +500K $0.00 500K Jun 25, 2021 Class A Common Stock 500K Direct F1, F2
transaction CXM Employee Stock Option (right to buy) Other $0 -2.32M -100% $0.00* 0 Jun 25, 2021 Common Stock 2.32M $4.25 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 +2.32M $0.00 2.32M Jun 25, 2021 Class B Common Stock 2.32M $4.25 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 -575K -100% $0.00* 0 Jun 25, 2021 Common Stock 575K $4.93 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 +575K $0.00 575K Jun 25, 2021 Class B Common Stock 575K $4.93 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 -600K -100% $0.00* 0 Jun 25, 2021 Common Stock 600K $7.68 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 +600K $0.00 600K Jun 25, 2021 Class B Common Stock 600K $7.68 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 -2.32M -100% $0.00* 0 Jun 25, 2021 Common Stock 2.32M $4.25 Direct F1, F6
transaction CXM Employee Stock Option (right to buy) Other $0 +2.32M $0.00 2.32M Jun 25, 2021 Class B Common Stock 2.32M $4.25 Direct F1, F6
transaction CXM Employee Stock Option (right to buy) Other $0 -2.32M -100% $0.00* 0 Jun 25, 2021 Common Stock 2.32M $4.25 Direct F1, F7
transaction CXM Employee Stock Option (right to buy) Other $0 +2.32M $0.00 2.32M Jun 25, 2021 Class B Common Stock 2.32M $4.25 Direct F1, F7
transaction CXM Employee Stock Option (right to buy) Other $0 -2.32M -100% $0.00* 0 Jun 25, 2021 Common Stock 2.32M $4.25 Direct F1, F8
transaction CXM Employee Stock Option (right to buy) Other $0 +2.32M $0.00 2.32M Jun 25, 2021 Class B Common Stock 2.32M $4.25 Direct F1, F8
* 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. If the Reporting Person is terminated for cause, each share of Class B common stock will automatically convert to Class A Common Stock.
F3 One third (1/3th) of the shares subject to the option award vested on May 1, 2020, and one thirty-sixth (1/36th) 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 March 11, 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 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.
F6 Fully vested and exercisable.
F7 The shares subject to this option shall vest upon the Issuer's Class A Common Stock closing at an average price of $18 over thirty consecutive trading days.
F8 The shares subject to this option shall vest upon the Issuer's Class A Common Stock closing at an average price of $27 over thirty consecutive trading days.