Neeraj Agrawal - Nov 17, 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
Director, 10%+ Owner
Signature
/s/ Christopher Schiavo, as Attorney-in-Fact for Neeraj Agrawal
Stock symbol
CXM
Transactions as of
Nov 17, 2023
Transactions value $
$0
Form type
4
Date filed
11/21/2023, 04:20 PM
Previous filing
Oct 13, 2023
Next filing
Dec 12, 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 +9.9M +486.45% 11.9M Nov 17, 2023 By Battery Ventures IX, L.P. F1, F2
transaction CXM Class A Common Stock Conversion of derivative security +99K +536.18% 117K Nov 17, 2023 By Battery Investment Partners IX, LLC F1, F3
holding CXM Class A Common Stock 747K Nov 17, 2023 Direct
holding CXM Class A Common Stock 1.51K Nov 17, 2023 By Trust F4
holding CXM Class A Common Stock 2.18M Nov 17, 2023 By Battery Ventures Select Fund I, L.P. F5
holding CXM Class A Common Stock 216K Nov 17, 2023 By Battery Investment Partners Select Fund I, L.P. F6

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 -9.9M -48.21% $0.00 10.6M Nov 17, 2023 Class A Common Stock 9.9M By Battery Ventures IX, L.P. F1, F2, F7
transaction CXM Class B Common Stock Conversion of derivative security $0 -99K -48.21% $0.00 106K Nov 17, 2023 Class A Common Stock 99K By Battery Investment Partners IX, LLC F1, F3, F7
holding CXM Class B Common Stock 1.2M Nov 17, 2023 Class A Common Stock 1.2M By Battery Ventures Select Fund I, L.P. F5, F7
holding CXM Class B Common Stock 119K Nov 17, 2023 Class A Common Stock 119K By Battery Investment Partners Select Fund I, L.P. F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class B common stock were converted on a one-for-one basis into Class A common stock.
F2 Securities are held by Battery Ventures IX, L.P. ("BV IX"). BP IX is the general partner of BV IX. The Reporting Person is a managing member of BP IX and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of 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 Securities are held by Battery Investment Partners IX, LLC ("BIP IX"). BP IX is the managing member of BIP IX. The Reporting Person is a managing member of BP IX and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of 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.
F4 Securities are held by Neeraj Agrawal Revocable Trust of 2012, of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
F5 Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is Select Fund I GP, LLC ("BP Select I GP"). The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of 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.
F6 Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BP Select I GP. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of 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 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.