David Tzat-kin Wang - May 4, 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
May 4, 2022
Transactions value $
-$10,920
Form type
4
Date filed
5/6/2022, 06:44 PM
Previous filing
May 3, 2022
Next filing
May 12, 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 May 4, 2022 Direct
transaction CXDO Common Stock Sale -$10.9K -4K -0.94% $2.73 423K May 4, 2022 Direct F1, F2

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 856K May 4, 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.70 to $2.81.