Crexendo, Inc. — Director's Dealing 2021

Mar 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crexendo, Inc. (CXDO)
CIK: 0001075736
Period of Report: 2021-02-26

Reporting Person: MIHAYLO STEVEN G (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Common Stock	M	191678	$4.08	Acquired	10254702	Direct
2021-02-26	Common Stock	M	26592	$2.25	Acquired	10281294	Direct
2021-02-26	Common Stock	M	6094	$4.25	Acquired	10287388	Direct
2021-02-26	Common Stock	M	11080	$6.26	Acquired	10298468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-26	NQ Stock Option Grant	$4.08	M	191678	Disposed	2022-03-01	Common Stock (191678)	Direct
2021-02-26	ISO Stock Option Grant	$2.25	M	26592	Disposed	2026-02-12	Common Stock (26592)	Direct
2021-02-26	ISO Stock Option Grant	$4.25	M	6094	Disposed	2027-03-12	Common Stock (6094)	Direct
2021-02-26	NQ Stock Option Grant	$6.26	M	11080	Disposed	2027-10-21	Common Stock (11080)	Direct

Footnotes

F1: The non-qualified stock options vested over 48 equal monthly installments beginning on 4/1/2012.

F2: The ISO stock options vest over 36 equal monthly installments beginning on 3/12/2019.

F3: The ISO stock options vest over 36 equal monthly installments beginning on 4/12/2020.

F4: The non-qualified stock options vest over 36 equal monthly installments beginning on 11/21/2020.