David Tzat-Kin Wang - 22 Dec 2021 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Technology Officer
Signature: /s/ David Tzat-kin Wang
Issuer symbol: CXDO
Transactions as of: 22 Dec 2021
Net transactions value: -$9,240
Form type: 4
Filing time: 23 Dec 2021, 10:50:46 UTC
Previous filing: 16 Dec 2021
Next filing: 30 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Options Exercise	$1,820	+2,000	+0.47%	$0.9100	424,597	22 Dec 2021	Direct
transaction	CXDO	Common Stock	Sale	$2,250	-500	-0.12%	$4.50	424,097	22 Dec 2021	Direct	F1
transaction	CXDO	Common Stock	Sale	$6,990	-1,500	-0.35%	$4.66	422,597	22 Dec 2021	Direct	F1

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	CXDO	Non-Qualified Stock Options	Options Exercise	$1,820	-2,000	-0.21%	$0.9100	930,453	22 Dec 2021	Common Stock	2,000	$0.9100	Direct

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

Explanation of Responses:

Id	Content
F1	This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on August 30, 2021, at which time Mr. Wang was not aware of material nonpublic information.