Douglas Walter Gaylor - 25 Mar 2025 Form 4/A - Amendment Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Operating Officer
Signature
/s/Douglas Walter Gaylor
Issuer symbol
CXDO
Transactions as of
25 Mar 2025
Net transactions value
-$431
Form type
4/A - Amendment
Filing time
27 Mar 2025, 19:49:47 UTC
Date Of Original Report
26 Mar 2025
Previous filing
14 Mar 2025
Next filing
29 Apr 2025
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 $0 +277 +0.12% $0.000000 230,284 25 Mar 2025 Direct F1
transaction CXDO Common Stock Tax liability $431 -76 -0.03% $5.67 230,208 25 Mar 2025 Direct F3

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 Restricted Stock Units Options Exercise $0 -277 -2.8% $0.000000 9,723 25 Mar 2025 Common Stock 277 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F2 The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F3 The Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 25, 2025 of 5.67. This transaction does not represent a sale by the reporting person.

Remarks:

To correct the amount of securities beneficially owned reported on form 4 filed on 3/26/2025 from 243,593 to 230,208.