Ragy Thomas - 29 Oct 2024 Form 4/A - Amendment Insider Report for Sprinklr, Inc. (CXM)

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
CXM
Transactions as of
29 Oct 2024
Net transactions value
-$11,295
Form type
4/A - Amendment
Filing time
21 Apr 2025, 16:45:25 UTC
Date Of Original Report
30 Oct 2024
Previous filing
18 Sep 2024
Next filing
18 Dec 2024

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 -1,508 -0.14% 1,049,227 29 Oct 2024 Direct F1, F2, F3
transaction CXM Class A Common Stock Sale $11,295 -1,508 -0.14% $7.49 1,047,719 29 Oct 2024 Direct F1, F3, F4, F5

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 -1,508 -0.01% $0.000000 29,356,081 29 Oct 2024 Class A Common Stock 1,508 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares converted, sold and beneficially owned following the transaction were misreported on the original Form 4.
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 The number of shares owned following the transaction accounts for the amended number of shares reported in the amendment to the September 18, 2023 Form 4.
F4 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.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.48 to $7.51 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.