Crexendo, Inc. — Director's Dealing 2020

Jun 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crexendo, Inc. (CXDO)
CIK: 0001075736
Period of Report: 2020-06-12

Reporting Person: Puri Anil K. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-12	Common Stock	M	10000	$3.51	Acquired	23501	Direct
2020-06-12	Common Stock	S	10000	$5.225	Disposed	13501	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-12	Non-Qualified Stock Options	$3.51	M	10000	Disposed	2020-07-01	Common Stock (10000)	Direct

Footnotes

F1: The reporting person executed a trade order through a broker-dealer which resulted in same day open market sale of the Non-Qualified Stock Options.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.20 to $5.30.

F3: The non-qualified stock options vested over 48 equal monthly installments beginning on 8/1/2010.