David Tzat-kin Wang - 12 Mar 2024 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Technology Officer
Signature: /s/ David Tzat-kin Wang
Issuer symbol: CXDO
Transactions as of: 12 Mar 2024
Transactions value $: -$110,192
Form type: 4
Filing time: 14 Mar 2024, 18:28:14 UTC
Previous filing: 07 Mar 2024
Next filing: 06 Jun 2024
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	$18.2K	+20K	+4.57%	$0.91^*	457K	12 Mar 2024	Direct
transaction	CXDO	Common Stock	Sale	-$110K	-20K	-4.37%	$5.51	437K	12 Mar 2024	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	-$18.2K	-20K	-2.43%	$0.91^*	804K	12 Mar 2024	Common Stock	20K	$0.91	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 $5.50 to $5.52. Details can be provided upon request.