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Crexendo, Inc. — Director's Dealing 2020
Apr 14, 2020
33692_dirs_2020-04-14_99dd9dfb-d479-4bbf-847e-af359843ffa9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Crexendo, Inc. (CXDO)
CIK: 0001075736
Period of Report: 2020-04-12
Reporting Person: Vincent Ron (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-12 | Common Stock | M | 416 | — | Acquired | 5831 | Direct |
| 2020-04-12 | Common Stock | M | 374 | — | Acquired | 6205 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-12 | Restricted Stock Unit | $0 | M | 416 | Disposed | Common Stock (416) | Direct | |
| 2020-04-12 | Restricted Stock Unit | $0 | M | 374 | Disposed | Common Stock (374) | Direct |
Footnotes
F1: Vesting of RSUs granted on February 12, 2019
F2: Vesting of RSUs granted on March 12, 2020
F3: Each RSU is the economic equivalent of one share of Crexendo common stock. The closing price of CXDO on April 12, 2020 was $4.60.
F4: The RSUs vest in equal installments over 36 months starting on March 12, 2019 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F5: The RSUs vest in equal installments over 36 months starting on April 12, 2020 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.