John T. Chambers - Jun 25, 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CXM
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/29/2021, 09:06 PM
Previous filing
Jun 29, 2021
Next filing
Aug 4, 2021
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXM Common Stock Other $0 -400K -100% $0.00* 0 Jun 25, 2021 See footnote F1, 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 CXM Stock Option (right to buy) Award $0 +17.6K $0.00 17.6K Jun 25, 2021 Class A Common Stock 17.6K $16.00 Direct F3
transaction CXM Stock Option (right to buy) Other $0 -75K -100% $0.00* 0 Jun 25, 2021 Common Stock 75K $3.52 Direct F1, F4
transaction CXM Stock Option (right to buy) Other $0 +75K $0.00 75K Jun 25, 2021 Class B Common Stock 75K $3.52 Direct F1, F4
transaction CXM Stock Option (right to buy) Other $0 -1.35M -100% $0.00* 0 Jun 25, 2021 Common Stock 1.35M $4.10 Direct F1, F5
transaction CXM Stock Option (right to buy) Other $0 +1.35M $0.00 1.35M Jun 25, 2021 Class B Common Stock 1.35M $4.10 Direct F1, F5
transaction CXM Class B Common Stock Other $0 +400K $0.00 400K Jun 25, 2021 Class A Common Stock 400K See footnote F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
F2 The securities are held by JC2 Investments LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F3 The option will vest in full on the earlier of (a) June 25, 2022 or (b) the day prior to the date of the Issuer's next annual stockholder meeting, subject to the Reporting Person's continuous service through such vesting date.
F4 One fourth (1/4th) of the shares subject to the option award vested on August 3, 2018, 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.
F5 One forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on and a monthly basis commencing on September 14, 2018, then on the first day of each month thereafter, subject to the Reporting Person's continuous service.
F6 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 to certain timing criteria.