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

Role
Chief Executive Officer, Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
CXM
Transactions as of
25 Jun 2021
Net transactions value
+$500,000
Form type
4
Filing time
29 Jun 2021, 21:22:32 UTC
Previous filing
16 Nov 2023
Next filing
05 May 2022
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 $0 -28,770,704 -100% $0.000000* 0 25 Jun 2021 Direct F1
transaction CXM Common Stock Other $0 -8,129,863 -100% $0.000000* 0 25 Jun 2021 Direct F1
transaction CXM Common Stock Other $0 -13,106,677 -100% $0.000000* 0 25 Jun 2021 Direct F1
transaction CXM Common Stock Other $0 -3,165,320 -100% $0.000000* 0 25 Jun 2021 Direct F1
transaction CXM Common Stock Other $0 -500,000 -100% $0.000000* 0 25 Jun 2021 Direct F1
transaction CXM Class A Common Stock Purchase $500,000 +31,250 $16.00 31,250 25 Jun 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 +28,770,704 $0.000000 28,770,704 25 Jun 2021 Class A Common Stock 28,770,704 Direct F1, F2
transaction CXM Class B Common Stock Other $0 +8,129,863 $0.000000 8,129,863 25 Jun 2021 Class A Common Stock 8,129,863 Direct F1, F2
transaction CXM Class B Common Stock Other $0 +13,106,677 $0.000000 13,106,677 25 Jun 2021 Class A Common Stock 13,106,677 Direct F1, F2
transaction CXM Class B Common Stock Other $0 +3,165,320 $0.000000 3,165,320 25 Jun 2021 Class A Common Stock 3,165,320 Direct F1, F2
transaction CXM Class B Common Stock Other $0 +500,000 $0.000000 500,000 25 Jun 2021 Class A Common Stock 500,000 Direct F1, F2
transaction CXM Employee Stock Option (right to buy) Other $0 -2,318,632 -100% $0.000000* 0 25 Jun 2021 Common Stock 2,318,632 $4.25 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 +2,318,632 $0.000000 2,318,632 25 Jun 2021 Class B Common Stock 2,318,632 $4.25 Direct F1, F3
transaction CXM Employee Stock Option (right to buy) Other $0 -575,000 -100% $0.000000* 0 25 Jun 2021 Common Stock 575,000 $4.93 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 +575,000 $0.000000 575,000 25 Jun 2021 Class B Common Stock 575,000 $4.93 Direct F1, F4
transaction CXM Employee Stock Option (right to buy) Other $0 -600,000 -100% $0.000000* 0 25 Jun 2021 Common Stock 600,000 $7.68 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 +600,000 $0.000000 600,000 25 Jun 2021 Class B Common Stock 600,000 $7.68 Direct F1, F5
transaction CXM Employee Stock Option (right to buy) Other $0 -2,318,632 -100% $0.000000* 0 25 Jun 2021 Common Stock 2,318,632 $4.25 Direct F1, F6
transaction CXM Employee Stock Option (right to buy) Other $0 +2,318,632 $0.000000 2,318,632 25 Jun 2021 Class B Common Stock 2,318,632 $4.25 Direct F1, F6
transaction CXM Employee Stock Option (right to buy) Other $0 -2,318,632 -100% $0.000000* 0 25 Jun 2021 Common Stock 2,318,632 $4.25 Direct F1, F7
transaction CXM Employee Stock Option (right to buy) Other $0 +2,318,632 $0.000000 2,318,632 25 Jun 2021 Class B Common Stock 2,318,632 $4.25 Direct F1, F7
transaction CXM Employee Stock Option (right to buy) Other $0 -2,318,632 -100% $0.000000* 0 25 Jun 2021 Common Stock 2,318,632 $4.25 Direct F1, F8
transaction CXM Employee Stock Option (right to buy) Other $0 +2,318,632 $0.000000 2,318,632 25 Jun 2021 Class B Common Stock 2,318,632 $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.