Neeraj Agrawal - Nov 22, 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: Director, 10%+ Owner
Signature: /s/ Neeraj Agrawal
Stock symbol: CXM
Transactions as of: Nov 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/24/2021, 03:28 PM
Previous filing: Nov 23, 2021
Next filing: Apr 1, 2022

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		+20.5M			20.5M	Nov 22, 2021	By Battery Ventures IX, L.P.	F1, F2
transaction	CXM	Class A Common Stock	Conversion of derivative security		+205K			205K	Nov 22, 2021	By Battery Investment Partners IX, LLC	F1, F3
transaction	CXM	Class A Common Stock	Conversion of derivative security		+1.2M	+123.18%		2.18M	Nov 22, 2021	By Battery Ventures Select Fund I, L.P	F1, F4
transaction	CXM	Class A Common Stock	Conversion of derivative security		+119K	+123.18%		216K	Nov 22, 2021	By Battery Investment Partners Select Fund I, L.P.	F1, F5

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	Conversion of derivative security	$0	-20.5M	-50%	$0.00	20.5M	Nov 22, 2021	Class A Common Stock	20.5M		By Battery Ventures IX, L.P.	F1, F2, F6
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-205K	-50%	$0.00	205K	Nov 22, 2021	Class A Common Stock	205K		By Battery Investment Partners IX, LLC	F1, F3, F6
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-1.2M	-50%	$0.00	1.2M	Nov 22, 2021	Class A Common Stock	1.2M		By Battery Ventures Select Fund I, L.P	F1, F4, F6
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-119K	-50%	$0.00	119K	Nov 22, 2021	Class A Common Stock	119K		By Battery Investment Partners Select Fund I, L.P.	F1, F5, F6

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

Explanation of Responses:

Id	Content
F1	These shares of Class B common stock were converted on a one-for-one basis into Class A common stock.
F2	The reported securities are owned directly by Battery Ventures IX, L.P. ("BV IX"). The sole general partner of BV IX is Battery Partners IX, LLC ("BP IX"). BP IX's investment adviser is Battery Management Corp. The Reporting Person is a managing member of BP IX and may be deemed to share voting and dispositive power over the securities held by BV IX. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F3	The reported securities are owned directly by Battery Investment Partners IX, LLC ("BIP IX"). The sole managing member of BIP IX is BP IX. BP IX's investment adviser is Battery Management Corp. The Reporting Person is a managing members of BP IX and may be deemed to share voting and dispositive power over the securities held by BIP IX. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F4	The reported securities are owned directly by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). BP Select I GP's investment adviser is Battery Management Corp. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BV Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F5	The reported securities are owned directly by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is BP Select I GP. BP Select I GP's investment adviser is Battery Management Corp. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BIP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F6	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.