David Tzat-Kin Wang - 11 May 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
11 May 2022
Net transactions value
-$8,490
Form type
4
Filing time
12 May 2022, 20:28:45 UTC
Previous filing
06 May 2022
Next filing
25 May 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 11 May 2022 Direct
transaction CXDO Common Stock Sale $8,490 -4,000 -0.94% $2.12 422,597 11 May 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 $3,640 -4,000 -0.47% $0.9100 852,453 11 May 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.10 to $2.14.