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Crexendo, Inc. — Director's Dealing 2021
Nov 16, 2021
33692_dirs_2021-11-16_81e7b2dc-34b9-47b6-9f15-e9051895b9de.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: 2021-11-12
Reporting Person: Vincent Ron (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-12 | Common Stock | M | 417 | — | Acquired | 20869 | Direct |
| 2021-11-12 | Common Stock | M | 374 | — | Acquired | 21243 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-12 | Restricted Stock Units | $0 | M | 417 | Disposed | Common Stock (417) | Direct | |
| 2021-11-12 | Restricted Stock Units | $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 November 12, 2021 was $5.75
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.