David Tzat-kin Wang - Apr 27, 2022 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Technology Officer
Signature: /s/ David Tzat-kin Wang
Stock symbol: CXDO
Transactions as of: Apr 27, 2022
Transactions value $: -$11,200
Form type: 4
Date filed: 5/3/2022, 09:38 PM
Previous filing: Apr 22, 2022
Next filing: May 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Options Exercise	$3.64K	+4K	+0.95%	$0.91	427K	Apr 27, 2022	Direct
transaction	CXDO	Common Stock	Sale	-$11.2K	-4K	-0.94%	$2.80	423K	Apr 27, 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	-$3.64K	-4K	-0.46%	$0.91	860K	Apr 27, 2022	Common Stock	4K	$0.91	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.