David Tzat-Kin Wang - 12 Jan 2022 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Technology Officer
Signature: /s/ David Tzat-kin Wang
Issuer symbol: CXDO
Transactions as of: 12 Jan 2022
Net transactions value: -$18,160
Form type: 4
Filing time: 14 Jan 2022, 10:43:58 UTC
Previous filing: 06 Jan 2022
Next filing: 20 Jan 2022
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	$3,640	+4,000	+0.95%	$0.9100	426,597	12 Jan 2022	Direct
transaction	CXDO	Common Stock	Sale	$13,650	-3,000	-0.7%	$4.55	423,597	12 Jan 2022	Direct	F1
transaction	CXDO	Common Stock	Sale	$4,510	-1,000	-0.24%	$4.51	422,597	12 Jan 2022	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	$3,640	-4,000	-0.43%	$0.9100	920,453	12 Jan 2022	Common Stock	4,000	$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 November 15, 2021, at which time Mr. Wang was not aware of material nonpublic information.