Form 4 for CXM Sprinklr, Inc.
Accepted 2023-10-17 00:00:00 ET · period of report 2023-10-13 · accession 0001209191-23-052976 · 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 | 2023-10-17 | 2023-10-13 | CXM | Adams Diane | Chief Culture, Talent Off | S - Sale | $13.60 | -151.2K | 273.5K | -36% | -$2.06M |
| D | 2023-10-17 | 2023-10-13 | CXM | Adams Diane | Chief Culture, Talent Off | C - Cnv Deriv | — | +151.2K | 424.8K | +55% | — |
| D | 2023-10-17 | 2023-10-13 | CXM | Adams Diane | Chief Culture, Talent Off | C - Cnv Deriv | $0.00 | -151.2K | 130.0K | -54% | $0 |
| DM | 2023-10-17 | 2023-10-13 | CXM | Adams Diane | Chief Culture, Talent Off | M - OptEx | $2.40 | 0 | 154.9K | New | $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 | 2023-10-13 | S | D | 151,235 | $13.60 | 273,546 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.41 to $13.81 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. |
| 2 | Common | Class A Common Stock | 2023-10-13 | C | A | 151,235 | — | 424,781 | D | — | — | (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. |
| 3 | Derivative | Class B Common Stock | 2023-10-13 | C | D | 151,235 | $0.00 | 130,000 | D | — · — to — | 151,235 Class A Common Stock | (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. |
| 4 | Derivative | Class B Common Stock | 2023-10-13 | M | A | 120,109 | $4.93 | 281,235 | D | — · — to — | 120,109 Class A Common Stock | (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. |
| 5 | Derivative | Class B Common Stock | 2023-10-13 | M | A | 31,126 | $4.25 | 161,126 | D | — · — to — | 31,126 Class A Common Stock | (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. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2023-10-13 | M | D | 31,126 | $0.00 | 13,021 | D | $4.25 · — to 2029-03-18 | 31,126 Class B Common Stock | (F4) Fully vested and exercisable. |
| 7 | Derivative | Employee Stock Option (right to buy) | 2023-10-13 | M | D | 120,109 | $0.00 | 154,891 | D | $4.93 · — to 2030-03-11 | 120,109 Class B Common Stock | (F5) One fourth (1/4th) of the shares subject to the option award vested on March 11, 2021, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service. |