Khurram P. Sheikh - Feb 6, 2024 Form 4 Insider Report for CXApp Inc. (CXAI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Khurram P. Sheikh
Stock symbol
CXAI
Transactions as of
Feb 6, 2024
Transactions value $
$0
Form type
4
Date filed
2/8/2024, 05:00 PM
Previous filing
Sep 11, 2023
Next filing
Aug 30, 2024

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 CXAI Stock Options Award +300K +35.54% 1.14M Feb 6, 2024 Class A Common Stock 844K $1.20 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 6, 2024, the reporting person was granted Stock Options under the Issuer's 2023 Equity Incentive Plan, convertible into 300,000 shares of Class A Common Stock at an exercise price of $1.20. The options are subject to a four-year vesting schedule, which includes both time-based and performance-based criteria for vesting.