Paul Ohls - Jul 20, 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CXM
Transactions as of
Jul 20, 2023
Transactions value $
$98,400
Form type
4
Date filed
7/24/2023, 08:00 PM
Previous filing
Jul 7, 2023
Next filing
Jul 26, 2023

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 +24K +3.4% 730K Jul 20, 2023 Direct F1

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 -24K -6.45% $0.00 348K Jul 20, 2023 Class B Common Stock 24K $4.10 Direct F2
transaction CXM Class B Common Stock Options Exercise $98.4K +24K $4.10 24K Jul 20, 2023 Class A Common Stock 24K Direct F1
transaction CXM Class B Common Stock Conversion of derivative security $0 -24K -100% $0.00* 0 Jul 20, 2023 Class A Common Stock 24K 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 Fully vested and exercisable.