SEC Form 4 · accession 0001354488-15-000097
Crexendo, Inc. · CXDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas Walter Gaylor
Officer — Chief Operating Officer
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001075736
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | $1.85 | Jan 5, 2015 | A | 75,000 | A | — | Jan 5, 2022 | Common Stock | 75,000 | 285,000 | D |
Explanation of responses
- F1The options will vest 20% immediately and 80% over 36 equal monthly installments beginning on February 5, 2015.
- F2Represents the balance of outstanding options for the participant following this grant.