Form 4 for CXM Sprinklr, Inc.
Accepted 2022-04-13 00:00:00 ET · period of report 2022-04-11 · accession 0001209191-22-024374 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-13 | 2022-04-11 | CXM | Singh Pavitar | CTO | C - Cnv Deriv | — | +10.0K | 290.3K | +4% | — |
| D | 2022-04-13 | 2022-04-11 | CXM | Singh Pavitar | CTO | A - Grant | $0.00 | +250.0K | 280.3K | +824% | $0 |
| D | 2022-04-13 | 2022-04-11 | CXM | Singh Pavitar | CTO | S - Sale | $13.01 | -22.0K | 30.3K | -42% | -$286.2K |
| D | 2022-04-13 | 2022-04-11 | CXM | Singh Pavitar | CTO | C - Cnv Deriv | $0.00 | -10.0K | 1.40M | -0.7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-04-11 | C | A | 10,000 | — | 290,329 | D | — | — | (F4) 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. |
| 2 | Common | Class A Common Stock | 2022-04-11 | A | A | 250,000 | $0.00 | 280,329 | D | — | — | (F3) Represents a restricted stock unit ("RSU") award. One-fourth (1/4th) of the RSUs shall vest on March 15, 2023, and one-twelfth (1/12th) of the remaining RSUs shall vest on each subsequent June 15, September 15, December 15 and March 15 thereafter, subject to the Reporting Person's continuous service to the Issuer on each such vesting date. |
| 3 | Common | Class A Common Stock | 2022-04-11 | S | D | 22,000 | $13.01 | 30,329 | D | — | — | (F2) Includes 1,422 shares acquired under the Issuer's employee stock purchase plan on December 15, 2021. |
| 4 | Derivative | Class B Common Stock | 2022-04-11 | C | D | 10,000 | $0.00 | 1,396,421 | D | — · — to — | 10,000 Class A Common Stock | (F4) 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. |