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Sprinklr, Inc. — Director's Dealing 2022
Sep 16, 2022
31717_dirs_2022-09-15_de89a5ca-1c7f-49d1-9546-2cba5c509c58.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sprinklr, Inc. (CXM)
CIK: 0001569345
Period of Report: 2022-09-13
Reporting Person: Singh Pavitar (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-13 | Class A Common Stock | C | 2500 | — | Acquired | 272238 | Direct |
| 2022-09-13 | Class A Common Stock | S | 2500 | $12.50 | Disposed | 269738 | Direct |
| 2022-09-14 | Class A Common Stock | C | 36093 | — | Acquired | 305831 | Direct |
| 2022-09-14 | Class A Common Stock | S | 37500 | $11.20 | Disposed | 268331 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-13 | Class B Common Stock | $ | C | 2500 | Disposed | Class A Common Stock (2500) | Direct | |
| 2022-09-14 | Class B Common Stock | $ | C | 36093 | Disposed | Class A Common Stock (36093) | Direct |
Footnotes
F1: Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the Reporting Person; and (3) the final conversion date, defined as the first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock, subject to certain timing criteria.
F2: In connection with the sale of Class A Common Stock, the Reporting Person converted Class B Common Stock into Class A Common Stock, which became effective on September 15, 2022.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.54 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.