Battery Partners IX, LLC - Jun 7, 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
10%+ Owner
Signature
/s/ Christopher Schiavo, as Attorney-in-Fact for Battery Partners IX, LLC
Stock symbol
CXM
Transactions as of
Jun 7, 2023
Transactions value $
-$3,994,838
Form type
4
Date filed
6/9/2023, 05:46 PM
Previous filing
Apr 12, 2023
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Class A Common Stock Other $0 -3M -17.11% $0.00 14.5M Jun 7, 2023 By Battery Ventures IX, L.P. F1, F2
transaction CXM Class A Common Stock Other $0 -30.3K -17.31% $0.00 145K Jun 7, 2023 By Battery Investment Partners IX, LLC F3, F4
transaction CXM Class A Common Stock Other $0 +3M $0.00 3M Jun 7, 2023 By Battery Partners IX, LLC F5, F6
transaction CXM Class A Common Stock Other $0 -3M -100% $0.00* 0 Jun 7, 2023 By Battery Partners IX, LLC F6, F7
transaction CXM Class A Common Stock Sale -$3.96M -285K -50% $13.86 285K Jun 8, 2023 By Trust F8, F9, F10
transaction CXM Class A Common Stock Sale -$38.7K -2.76K -0.96% $14.01 285K Jun 9, 2023 Direct F11, F12, F13
holding CXM Class A Common Stock 216K Jun 7, 2023 By Battery Investment Partners Select Fund I, L.P. F14
holding CXM Class A Common Stock 2.18M Jun 7, 2023 By Battery Ventures Select Fund I, L.P. F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures IX, L.P. ("BV IX") to its general partner without additional consideration.
F2 Securities are held by BV IX. Battery Partners IX, LLC ("BP IX") is the general partner of BV IX and may be deemed to beneficially own the securities held by BV IX. Roger H. Lee and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or 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 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Investment Partners IX, LLC ("BIP IX") to its members without additional consideration.
F4 Securities are held by BIP IX. BP IX is the managing member of BIP IX and may be deemed to beneficially own the securities held by BIP IX. Roger H. Lee and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or 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 Represents receipt of securities in the distribution in kind described in footnote (1).
F6 Securities are held by BP IX. Roger H. Lee and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or 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.
F7 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP IX to its members without consideration.
F8 The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $13.53 to $14.16 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 securities sold at each separate price within the range set forth in this footnote.
F9 The securities beneficially owned by the Reporting Person prior to the reported transaction reflect the receipt of securities in the distribution in kind described in footnote (7) and from a previous distribution in kind that constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
F10 Securities are held by The Lee Family Trust, of which Roger H. Lee is a co-trustee. Mr. Lee disclaims beneficial ownership of these securities held by The Lee Family Trust except to the extent of his proportionate pecuniary interest therein.
F11 The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $14.00 to $14.03 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 securities sold at each separate price within the range set forth in this footnote.
F12 The securities beneficially owned by the Reporting Person prior to the reported transaction reflect the receipt of securities in the distributions in kind described in footnotes (3) and (7).
F13 Securities are held by R. David Tabors.
F14 Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). Roger H. Lee and R. David Tabors are managing members of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or 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.
F15 Securities are held 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 BP Select I GP. Roger H. Lee and R. David Tabors are managing members of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or 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.