Ron Vincent - 25 Feb 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Financial Officer
Signature
/s/Ron Vincent
Issuer symbol
CXDO
Transactions as of
25 Feb 2025
Transactions value $
$0
Form type
4
Filing time
27 Feb 2025, 19:16:00 UTC
Previous filing
09 Dec 2024
Next filing
06 Mar 2025
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 $102,550 +35,000 +22.3% $2.93 192,198 25 Feb 2025 Direct

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 Restricted Stock Units Award $0 +10,000 $0.000000 10,000 25 Feb 2025 Common Stock 10,000 $0.000000 Direct F1, F2
transaction CXDO Stock Options Options Exercise $-102,550 -35,000 -100% $2.93 0 25 Feb 2025 Common Stock 35,000 $2.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F2 The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F3 The stock options vested over 36 equal monthly installments beginning on 4/9/2018 and are currently exercisable.