Douglas Walter Gaylor - 25 May 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Operating Officer
Signature
/s/Douglas Walter Gaylor
Issuer symbol
CXDO
Transactions as of
25 May 2025
Net transactions value
-$419
Form type
4
Filing time
28 May 2025, 18:11:29 UTC
Previous filing
29 Apr 2025
Next filing
05 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gaylor Douglas Walter Chief Operating Officer 1225 W WASHINGTON ST, SUITE 213, TEMPE /s/Douglas Walter Gaylor 28 May 2025 0001550317

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +278 +0.12% $0.000000 230,687 25 May 2025 Direct F1
transaction CXDO Common Stock Tax liability $419 -77 -0.03% $5.44 230,610 25 May 2025 Direct 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 Restricted Stock Units Options Exercise $0 -278 -2.9% $0.000000 9,167 25 May 2025 Common Stock 278 $0.000000 Direct F1, F3
* 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 Company withheld 77 shares of common stock for payment of the associated payroll taxes, using the closing stock price on May 25, 2025 of $5.44. This transaction does not represent a sale by the reporting person.
F3 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.