David Tzat-Kin Wang - 25 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: 25 May 2022
Net transactions value: -$11,045
Form type: 4
Filing time: 26 May 2022, 13:26:14 UTC
Previous filing: 25 May 2022
Next filing: 03 Jun 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	25 May 2022	Direct
transaction	CXDO	Common Stock	Sale	$11,045	-4,000	-0.94%	$2.76	422,597	25 May 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	-0.47%	$0.9100	844,453	25 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	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.75 to $2.77. Details can be provided upon request.