Diane Adams - 11 Apr 2022 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: Chief Culture & Talent Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Issuer symbol: CXM
Transactions as of: 11 Apr 2022
Net transactions value: -$17,113
Form type: 4
Filing time: 13 Apr 2022, 21:10:08 UTC
Previous filing: 17 Nov 2021
Next filing: 22 Jun 2022
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	Award	$0	+100,000	+714%	$0.000000	113,998	11 Apr 2022	Direct	F1, F2
transaction	CXM	Class A Common Stock	Conversion of derivative security		+4,000	+3.5%		117,998	11 Apr 2022	Direct	F3
transaction	CXM	Class A Common Stock	Sale	$17,113	-1,241	-1.1%	$13.79	116,757	12 Apr 2022	Direct	F4, 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	-4,000	-2.9%	$0.000000	136,000	12 Apr 2022	Class A Common Stock	4,000		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents a restricted stock unit ("RSU") award. One-fourth (1/4th) of the RSUs shall vest on March 15, 2023, and one-twelfth (1/12th) of the remaining RSUs shall vest on each subsequent June 15, September 15, December 15 and March 15 thereafter, subject to the Reporting Person's continuous service to the Issuer on each such vesting date.
F2	Includes 1,562 shares acquired under the Issuer's employee stock purchase plan on December 15, 2021.
F3	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.
F4	Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
F5	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.45 to $14.15 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.