KORN JEFFREY G, CEO, reported a transaction classified as exercise at Crexendo, Inc. involving 39500.000000 shares for an estimated $247270.00. Reported holdings after the transaction were 248526.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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Chief Executive Officer
Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
The Company withheld 68 shares of common stock for payment of the associated payroll taxes, using the closing stock price on May 25, 2026 of $9.61. This transaction does not represent a
sale by the reporting person.
The RSUs will vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be
delivered upon vesting.
The RSUs will vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will
be delivered upon vesting.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.94 to $9.96. Details can be provided upon request.
The RSUs will vest in equal monthly installments over 36 months starting on June 27, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be
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