Jeffrey G. Korn - 04 Jun 2025 Form 4/A - Amendment Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Executive Officer
Signature
/s/ Jeffery G. Korn
Issuer symbol
CXDO
Transactions as of
04 Jun 2025
Net transactions value
-$6,760
Form type
4/A - Amendment
Filing time
05 Jun 2025, 14:44:04 UTC
Date Of Original Report
04 Jun 2025
Previous filing
28 May 2025
Next filing
09 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KORN JEFFREY G Chief Executive Officer 1225 W WASHINGTON ST, STE 213, TEMPE /s/ Jeffery G. Korn 05 Jun 2025 0001282348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +5,000 +2% $0.000000 249,013 04 Jun 2025 Direct F1
transaction CXDO Common Stock Tax liability $6,760 -1,218 -0.49% $5.55 247,795 04 Jun 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 -5,000 -8.3% $0.000000 55,000 04 Jun 2025 Common Stock 5,000 $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 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 5, 2025 of $5.55. This transaction does not represent a sale by the reporting person.
F3 The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

Remarks:

To correct the amount of Restricted Stock Units disposed of in Table II from 1,218 to the correct amount of 5,000 that was reported on form-4 filed on 6/5/2025