Ragy Thomas - Jul 28, 2023 Form 4/A - Amendment Insider Report for Sprinklr, Inc. (CXM)

Role: Chief Executive Officer, Director
Signature: /s/ Jason Minio, Attorney-in-Fact
Stock symbol: CXM
Transactions as of: Jul 28, 2023
Transactions value $: -$22,163
Form type: 4/A - Amendment
Date filed: 8/24/2023, 04:49 PM
Date Of Original Report: Aug 1, 2023
Previous filing: Jun 20, 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		+1.61K	+0.33%		484K	Jul 28, 2023	Direct	F1, F2
transaction	CXM	Class A Common Stock	Sale	-$22.2K	-1.61K	-0.33%	$13.74	483K	Jul 31, 2023	Direct	F1, F3, F4

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	-1.61K	-0.01%	$0.00	29.2M	Jul 28, 2023	Class A Common Stock	1.61K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The original Form 4 filed on August 1, 2023, inadvertently listed the incorrect (i) number of shares converted from Class B Common Stock to Class A Common Stock, (ii) number of Class A Common Stock beneficially owned after the transaction, and (iii) number of Class B Common Stock beneficially owned after the transaction. This amendment reflects the correct (i) number of shares converted, (ii) number of Class A Common Stock beneficially owned after the transaction, and (iii) number of Class B Common Stock beneficially owned after the transaction
F2	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 to certain timing criteria. If the Reporting Person is terminated for cause, each share of Class B common stock will automatically convert to Class A Common Stock.
F3	Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. 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.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.60 to $13.77 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.