Christopher Mark Lynch - Nov 22, 2021 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: Chief Financial Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Stock symbol: CXM
Transactions as of: Nov 22, 2021
Transactions value $: $99,998
Form type: 4
Date filed: 11/23/2021, 07:55 PM
Previous filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXM	Class A Common Stock	Conversion of derivative security		+26.8K	+5.06%		557K	Nov 22, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CXM	Employee Stock Option (right to buy)	Options Exercise	$0	-26.8K	-14.3%	$0.00	161K	Nov 22, 2021	Class B Common Stock	26.8K	$3.73	Direct	F2
transaction	CXM	Class B Common Stock	Options Exercise	$100K	+26.8K	+2.18%	$3.73	1.26M	Nov 22, 2021	Class A Common Stock	26.8K		Direct	F1
transaction	CXM	Class B Common Stock	Conversion of derivative security	$0	-26.8K	-2.13%	$0.00	1.23M	Nov 22, 2021	Class A Common Stock	26.8K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	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.

Content

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.

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.