Crexendo, Inc. — Director's Dealing 2020

Mar 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crexendo, Inc. (CXDO)
CIK: 0001075736
Period of Report: 2020-03-12

Reporting Person: Gaylor Douglas Walter (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-12	Restricted Stock Unit (RSU)	$0	A	18000	Acquired		Common Stock (18000)	Direct

Footnotes

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 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.