Thomas Ragy's Form 4/A amendment
AmendedSprinklr, Inc. (CXM) · filed Aug 24, 2023
- Accession no.
- 0001209191-23-047214
- Filed
- Aug 24, 2023
- Trade date
- Jul 28-31, 2023
- Filing delay
- 27 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Aug 1, 2023
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $22.2K. It was filed 27 days after the trade.
This amendment replaces 0001209191-23-044000 (filed Aug 1, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Thomas RagyCIK 0001866802 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 28, 2023 | Class A Common Stock | CConversionDisposed | −1,613 | $0.00 | $0 | 29,177,830 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The original Form 4 filed on August 1, 2023, inadvertently listed the incorrect (i) number of shares converted from Class B Common Stock to Class A Common Stock, (ii) number of Class A Common Stock beneficially owned after the transaction, and (iii) number of Class B Common Stock beneficially owned after the transaction. This amendment reflects the correct (i) number of shares converted, (ii) number of Class A Common Stock beneficially owned after the transaction, and (iii) number of Class B Common Stock beneficially owned after the transaction
- F2
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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.60 to $13.77 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.
Referenced by the price of 1 transaction in Table I.