Battery Ventures IX, L.P. - 27 May 2025 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
10%+ Owner
Signature
/s/ Christopher Schiavo, as Attorney-in-Fact for Battery Ventures IX, L.P.
Issuer symbol
CXM
Transactions as of
27 May 2025
Net transactions value
$0
Form type
4
Filing time
29 May 2025, 17:33:48 UTC
Previous filing
05 Apr 2024

Reporting Owners (8)

Name Relationship Address Signature Signature date CIK
Battery Ventures IX, L.P. 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Battery Ventures IX, L.P. 29 May 2025 0001485934
Battery Investment Partners IX, LLC 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Battery Investment Partners IX, LLC 29 May 2025 0001517640
Battery Partners IX, LLC 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Battery Partners IX, LLC 29 May 2025 0001517642
TOBIN SCOTT R 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Scott R. Tobin 29 May 2025 0001199926
TABORS R DAVID 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for R. David Tabors 29 May 2025 0001199925
BROWN MICHAEL MAURICE 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Michael M. Brown 29 May 2025 0001354614
Feldman Jesse 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Jesse R. Feldman 29 May 2025 0001568322
Lee Roger H 10%+ Owner C/O BATTERY VENTURES, ONE MARINA PARK DRIVE, SUITE 1100, BOSTON /s/ Christopher Schiavo, as Attorney-in-Fact for Roger H. Lee 29 May 2025 0001404868

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 +5,334,367 +86% 11,570,734 27 May 2025 Direct F1, F2
transaction CXM Class A Common Stock Conversion of derivative security +53,335 +90% 112,687 27 May 2025 By Battery Investment Partners IX, LLC F1, F3
holding CXM Class A Common Stock 2,180,664 27 May 2025 By Battery Ventures Select Fund I, L.P. F4
holding CXM Class A Common Stock 215,670 27 May 2025 By Battery Investment Partners Select Fund I, L.P. F5
holding CXM Class A Common Stock 566,431 27 May 2025 Direct F6, F7
holding CXM Class A Common Stock 291,362 27 May 2025 Direct F6, F8, F9
holding CXM Class A Common Stock 596,668 27 May 2025 By Trust F6, F10
holding CXM Class A Common Stock 84,010 27 May 2025 Direct F6, F8, F11
holding CXM Class A Common Stock 468,832 27 May 2025 Direct F6, F12
holding CXM Class A Common Stock 14,274 27 May 2025 By LLC F8, F13

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 -5,334,367 -100% $0.000000 0 27 May 2025 Class A Common Stock 5,334,367 Direct F1, F2, F14
transaction CXM Class B Common Stock Conversion of derivative security $0 -53,335 -100% $0.000000 0 27 May 2025 Class A Common Stock 53,335 By Battery Investment Partners IX, LLC F1, F3, F14
holding CXM Class B Common Stock 1,203,568 27 May 2025 Class A Common Stock 1,203,568 By Battery Ventures Select Fund I, L.P. F4, F14
holding CXM Class B Common Stock 119,034 27 May 2025 Class A Common Stock 119,034 By Battery Investment Partners Select Fund I, L.P. F5, F14
* 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"). The sole general partner of BV IX is Battery Partners IX, LLC ("BP IX"). Neeraj Agrawal, Michael M. Brown, Jesse R. Feldman, Roger H. Lee, R. David Tabors and Scott R. Tobin are the managing members of BP IX and may be deemed to share voting and dispositive power over the securities held by BV IX. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its 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. Mr. Agrawal is a director of the Issuer and files separate Section 16 reports.
F3 Securities are held by Battery Investment Partners IX, LLC ("BIP IX"). The sole managing member of BIP IX is BP IX. Neeraj Agrawal, Michael M. Brown, Jesse R. Feldman, Roger H. Lee, R. David Tabors and Scott R. Tobin are the managing members of BP IX and may be deemed to share voting and dispositive power over the securities held by BIP IX. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its 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. Mr. Agrawal is a director of the Issuer and files separate Section 16 reports.
F4 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. 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 Battery Partners Select Fund I GP, LLC ("BP Select I GP"). Neeraj Agrawal, Michael M. Brown, Jesse R. Feldman, Roger H. Lee and Scott R. Tobin are managing members of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BV Select I. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its 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. Mr. Agrawal is a director of the Issuer and files separate Section 16 reports.
F5 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. The sole general partner of BIP Select I is BP Select I GP. Neeraj Agrawal, Michael M. Brown, Jesse R. Feldman, Roger H. Lee and Scott R. Tobin are managing members of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BIP Select I. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its 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. Mr. Agrawal is a director of the Issuer and files separate Section 16 reports.
F6 The securities held by the Reporting Person prior to the transaction reported herein reflect the receipt of securities pursuant to pro rata distributions in kind, effected by BP IX to its members for no additional consideration, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
F7 Securities are held by Michael M. Brown.
F8 The securities held by the Reporting Person prior to the transaction reported herein reflect the receipt of securities pursuant to pro rata distributions in kind, effected by BIP IX to its members for no additional consideration, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
F9 Securities are held by Jesse R. Feldman.
F10 Securities are held by The Lee Family Trust, of which Roger H. Lee is a co-trustee. Mr. Lee disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
F11 Securities are held by R. David Tabors.
F12 Securities are held by Scott R. Tobin.
F13 Securities are held by Tobin Family, LLC, of which Mr. Tobin is the sole member. Mr. Tobin 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.
F14 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.