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.