Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sprinklr, Inc. Director's Dealing 2022

Apr 21, 2022

31717_dirs_2022-04-21_5a9b7001-baf8-4310-a06a-525d70baa938.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sprinklr, Inc. (CXM)
CIK: 0001569345
Period of Report: 2022-04-19

Reporting Person: Lazzaron Luca (Chief Revenue Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-04-19 Class A Common Stock A 15000 $0.00 Acquired 543148 Direct
2022-04-19 Class A Common Stock S 15000 $13.52 Disposed 528148 Direct
2022-04-20 Class A Common Stock A 5800 $0.00 Acquired 533948 Direct
2022-04-20 Class A Common Stock S 5800 $13.59 Disposed 528148 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-04-19 Employee Stock Option (right to buy) $3.73 M 15000 Disposed 2028-02-07 Class B Common Stock (15000) Direct
2022-04-19 Class B Common Stock $ M 15000 Acquired Class A Common Stock (15000) Direct
2022-04-19 Class B Common Stock $ C 15000 Disposed Class A Common Stock (15000) Direct
2022-04-20 Employee Stock Option (right to buy) $3.73 M 5800 Disposed 2028-02-07 Class B Common Stock (5800) Direct
2022-04-20 Class B Common Stock $ M 5800 Acquired Class A Common Stock (5800) Direct
2022-04-20 Class B Common Stock $ C 5800 Disposed Class A Common Stock (5800) 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: This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 14, 2022.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.15 to $13.69, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.41 to $13.88, 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.

F5: One fourth (1/4th) of the shares subject to the option award vested on February 7, 2019, and one forty-eighth (1/48th) of the shares subject to the option award vested or shall vest on the first day of each month thereafter, subject to the Reporting Person's continuous service.