Ron Vincent - 09 Nov 2021 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Signature
/s/Ron Vincent
Issuer symbol
CXDO
Transactions as of
09 Nov 2021
Net transactions value
+$231,200
Form type
4
Filing time
12 Nov 2021, 15:44:21 UTC
Previous filing
14 Oct 2021
Next filing
16 Nov 2021

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 CXDO Stock Option Grant (right to buy) Award $231,200 +40,000 $5.78 40,000 09 Nov 2021 Common Stock 40,000 $5.78 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest over 36 equal monthly installments beginning on 12/9/2021.