Wilson Grad Conn - Dec 15, 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: Chief Experience Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Stock symbol: CXM
Transactions as of: Dec 15, 2021
Transactions value $: -$110,100
Form type: 4
Date filed: 12/17/2021, 04:05 PM
Previous filing: Nov 17, 2021

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		+10K	+60.31%		26.6K	Dec 15, 2021	Direct	F1
transaction	CXM	Class A Common Stock	Sale	-$150K	-10K	-37.62%	$15.00	16.6K	Dec 15, 2021	Direct	F2

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	-10K	-4.8%	$0.00	198K	Dec 15, 2021	Class B Common Stock	10K	$3.99	Direct	F3
transaction	CXM	Class B Common Stock	Options Exercise	$39.9K	+10K		$3.99	10K	Dec 15, 2021	Class A Common Stock	10K		Direct	F1
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-10K	-100%	$0.00^*	0	Dec 15, 2021	Class A Common Stock	10K		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	Shares were sold pursuant to a Rule 10b5-1 trading plan.
F3	One fourth (1/4th) of the shares subject to the option award vested on April 9, 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.