David Tzat-kin Wang - May 11, 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 11, 2022
Transactions value $
-$8,490
Form type
4
Date filed
5/12/2022, 08:28 PM
Previous filing
May 6, 2022
Next filing
May 25, 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 11, 2022 Direct
transaction CXDO Common Stock Sale -$8.49K -4K -0.94% $2.12 423K May 11, 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 -0.47% $0.91 852K May 11, 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 $2.10 to $2.14.