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Crexendo, Inc. — Director's Dealing 2025
Mar 6, 2025
33692_dirs_2025-03-06_68edac1c-c2ff-44bc-a5e6-40106eac8f79.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: 2025-03-04
Reporting Person: Wang David Tzat-kin (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-05 | Common Stock | M | 2916 | — | Acquired | 445995 | Direct |
| 2025-03-05 | Common Stock | F | 1198 | — | Disposed | 444797 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-04 | Restricted Stock Units | $0 | A | 25000 | Acquired | Common Stock (25000) | Direct | |
| 2025-03-05 | Restricted Stock Units | $0 | M | 2916 | Disposed | Common Stock (2916) | 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 will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F3: The Company withheld 1,198 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 5, 2025 of $7.16. This transaction does not represent a sale by the reporting person.
F4: The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.