Christopher Mark Lynch - 22 Nov 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: Chief Financial Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Issuer symbol: CXM
Transactions as of: 22 Nov 2021
Net transactions value: +$99,998
Form type: 4
Filing time: 23 Nov 2021, 19:55:21 UTC
Previous 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	Class A Common Stock	Conversion of derivative security		+26,809	+5.1%		556,777	22 Nov 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	Employee Stock Option (right to buy)	Options Exercise	$0	-26,809	-14%	$0.000000	160,691	22 Nov 2021	Class B Common Stock	26,809	$3.73	Direct	F2
transaction	CXM	Class B Common Stock	Options Exercise	$99,998	+26,809	+2.2%	$3.73	1,256,777	22 Nov 2021	Class A Common Stock	26,809		Direct	F1
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-26,809	-2.1%	$0.000000	1,229,968	22 Nov 2021	Class A Common Stock	26,809		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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, subject to certain timing criteria.
F2	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.

Content

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, subject to certain timing criteria.

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.