Battery Partners IX, LLC - Oct 10, 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
Oct 10, 2023
Transactions value $
-$1,288,912
Form type
4
Date filed
10/12/2023, 06:43 PM
Previous filing
Oct 2, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Class A Common Stock Other $0 -3M -59.58% $0.00 2.04M Oct 10, 2023 By Battery Ventures IX, L.P. F1, F2
transaction CXM Class A Common Stock Other $0 -30.3K -62.14% $0.00 18.5K Oct 10, 2023 By Battery Investment Partners IX, LLC F3, F4
transaction CXM Class A Common Stock Other $0 +909K $0.00 909K Oct 10, 2023 By Battery Partners IX, LLC F5, F6
transaction CXM Class A Common Stock Other $0 -909K -100% $0.00* 0 Oct 10, 2023 By Battery Partners IX, LLC F6, F7
transaction CXM Class A Common Stock Sale -$1.29M -88.6K -50% $14.55 88.6K Oct 10, 2023 Direct F8, F9, F10
holding CXM Class A Common Stock 216K Oct 10, 2023 By Battery Investment Partners Select Fund I, L.P. F11
holding CXM Class A Common Stock 2.18M Oct 10, 2023 By Battery Ventures Select Fund I, L.P. F12
* 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 and limited partners 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. R. David Tabors is a managing member 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. R. David Tabors is a managing member 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. R. David Tabors is a managing member 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 $14.40 to $14.64 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 distributions in kind described in footnotes (3) and (7) and from previous distributions in kind that constituted changes in form of ownership and, therefore, were not required to be reported pursuant to Section 16.
F10 Securities are held by R. David Tabors.
F11 Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). R. David Tabors has an economic interest in BIP Select I. Mr. Tabors disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, 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.
F12 Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). R. David Tabors has an economic interest in BV Select I. Mr. Tabors disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, 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.