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

Role
Chief Revenue Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CXM
Transactions as of
Jul 25, 2023
Transactions value $
$99,999
Form type
4
Date filed
7/26/2023, 04:34 PM
Previous filing
Jul 24, 2023
Next filing
Sep 20, 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 +23.4K +3.2% 754K Jul 25, 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 -10.6K -3.03% $0.00 337K Jul 25, 2023 Class B Common Stock 10.6K $4.10 Direct F2
transaction CXM Class B Common Stock Options Exercise $43.3K +10.6K $4.10 10.6K Jul 25, 2023 Class A Common Stock 10.6K Direct F1
transaction CXM Employee Stock Option (right to buy) Options Exercise $0 -1.09K -1.09% $0.00 98.9K Jul 25, 2023 Class B Common Stock 1.09K $4.25 Direct F2
transaction CXM Class B Common Stock Options Exercise $4.61K +1.09K +10.27% $4.25 11.6K Jul 25, 2023 Class A Common Stock 1.09K Direct F1
transaction CXM Employee Stock Option (right to buy) Options Exercise $0 -11.7K -11.71% $0.00 88.3K Jul 25, 2023 Class B Common Stock 11.7K $4.45 Direct F3
transaction CXM Class B Common Stock Options Exercise $52.1K +11.7K +100.52% $4.45 23.4K Jul 25, 2023 Class A Common Stock 11.7K Direct F1
transaction CXM Class B Common Stock Conversion of derivative security $0 -23.4K -100% $0.00* 0 Jul 25, 2023 Class A Common Stock 23.4K 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.