David Tzat-kin Wang - 12 Mar 2024 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Technology Officer
Signature: /s/ David Tzat-kin Wang
Issuer symbol: CXDO
Transactions as of: 12 Mar 2024
Net transactions value: -$110,192
Form type: 4
Filing time: 14 Mar 2024, 18:28:14 UTC
Previous filing: 07 Mar 2024
Next filing: 06 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Options Exercise	$18,200	+20,000	+4.6%	$0.9100^*	457,402	12 Mar 2024	Direct
transaction	CXDO	Common Stock	Sale	$110,192	-20,000	-4.4%	$5.51	437,402	12 Mar 2024	Direct	F1

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	Non-Qualified Stock Options	Options Exercise	$18,200	-20,000	-2.4%	$0.9100^*	804,453	12 Mar 2024	Common Stock	20,000	$0.9100	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.50 to $5.52. Details can be provided upon request.