[Form 4] Sprinklr, Inc. Insider Trading Activity
Insider Trade Summary
Exercise and Sale: 1,435 shares ($13K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Thomas Ragy
Role
Director
Sold
1,435 shs ($13K)
Approx. gross sale proceeds
$13K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$13K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,435 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 1,435 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 1,435 | $9.36 | $13K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 20,559,930 contracts (Direct);
Class A Common Stock — 766,217 shares (Direct);
Class B Common Stock — 23,233,063 contracts (Indirect, See footnote);
Class B Common Stock — 110,445 contracts (Indirect, By spouse)
Footnotes (6)
- 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 to certain timing criteria. If the Reporting Person is terminated for cause, each share of Class B common stock will automatically convert to Class A Common Stock.
- F2. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.33 to $9.38 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 securities are held by Thomas 2014 Family Trust (the "2014 Trust"). The Reporting Person is a trustee of the 2014 Trust.
- F5. The securities are held by Thomas Family 2017 Irrevocable Trust (the "2017 Trust"). The Reporting Person is a trustee of the 2017 Trust.
- F6. The securities are held by the 2019 Family Trust. The Reporting Person is a trustee of the 2019 Family Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
