| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CXM | Class A Common Stock | Conversion of derivative security | +400K | 400K | Dec 14, 2021 | Direct | F1, F2 | |||
| transaction | CXM | Class A Common Stock | Sale | -$5.96M | -400K | -100% | $14.91 | 0 | Dec 14, 2021 | Direct | F3 |
| 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 | -400K | -21.32% | $0.00 | 1.48M | Dec 14, 2021 | Class A Common Stock | 400K | Direct | F1 |
| 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 | In connection with the sale of Class A Common Stock, the Reporting Person converted Class B Common Stock into Class A Common Stock, which became effective on December 16, 2021. |
| F3 | Shares were sold pursuant to a Rule 10b5-1 trading plan. |