Paul Ohls - 25 Jul 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
Chief Revenue Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
CXM
Transactions as of
25 Jul 2023
Net transactions value
+$99,999
Form type
4
Filing time
26 Jul 2023, 16:34:33 UTC
Previous filing
24 Jul 2023
Next filing
20 Sep 2023
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 Conversion of derivative security +23,351 +3.2% 753,733 25 Jul 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 -10,560 -3% $0.000000 337,440 25 Jul 2023 Class B Common Stock 10,560 $4.10 Direct F2
transaction CXM Class B Common Stock Options Exercise $43,296 +10,560 $4.10 10,560 25 Jul 2023 Class A Common Stock 10,560 Direct F1
transaction CXM Employee Stock Option (right to buy) Options Exercise $0 -1,085 -1.1% $0.000000 98,915 25 Jul 2023 Class B Common Stock 1,085 $4.25 Direct F2
transaction CXM Class B Common Stock Options Exercise $4,611 +1,085 +10% $4.25 11,645 25 Jul 2023 Class A Common Stock 1,085 Direct F1
transaction CXM Employee Stock Option (right to buy) Options Exercise $0 -11,706 -12% $0.000000 88,294 25 Jul 2023 Class B Common Stock 11,706 $4.45 Direct F3
transaction CXM Class B Common Stock Options Exercise $52,092 +11,706 +101% $4.45 23,351 25 Jul 2023 Class A Common Stock 11,706 Direct F1
transaction CXM Class B Common Stock Conversion of derivative security $0 -23,351 -100% $0.000000* 0 25 Jul 2023 Class A Common Stock 23,351 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.
F3 One fourth (1/4th) of the shares subject to the option award vested on December 10, 2020, 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.