Pavitar Singh - 14 Jul 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Reporting relationship: Chief Technology Officer
Issuer ticker: CXM
Reported as of: 14 Jul 2023
Net transaction value: -$582,800
SEC form: 4
Accepted by SEC: 17 Jul 2023, 16:31:57 UTC
Prior SEC filing: 02 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Jason Minio, Attorney-in-Fact

Key filing fact

Pavitar Singh filed Form 4 for Sprinklr, Inc. (CXM) on 17 Jul 2023.

Key facts

This page summarizes Pavitar Singh's Form 4 filing for Sprinklr, Inc. (CXM).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Jul 2023, 16:31.

Change

Previous filing in this sequence was filed on 02 May 2023.
Current net transaction value: -$582,800.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

This filing has been restated. Open the amended filing.

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CXM transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +40,000
Change %: +4%
Price
Shares after: 1,049,082
Date: 14 Jul 2023
Ownership: Direct
Footnotes: F1

CXM transaction

Class A Common Stock

Sale

Transaction value: $582,800
Shares: -40,000
Change %: -3.8%
Price: $14.57
Shares after: 1,009,082
Date: 14 Jul 2023
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CXM transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -40,000
Change %: -3.2%
Price: $0.000000
Shares after: 1,217,828
Date: 14 Jul 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 40,000
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the Reporting Person; and (3) the final conversion date, defined as the first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock, subject to certain timing criteria.

Footnote F2

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2022.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.33 to $15.20 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.