SECURITIES & EXCHANGE COMMISSION EDGAR FILING
Crexendo, Inc.
Form: 4
Date Filed: 2020-11-13
Corporate Issuer CIK: 1075736
- Copyright 2020, Issuer Direct Corporation. All Right Reserved. Distribution of this document is strictly prohibited, subject to the terms of use.
FORM 4
Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION | OMB APPROVAL | |
Washington, D.C. 20549 | OMB Number: | 3235-0287 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | Estimated average burden hours | |
per response... | 0.5 |
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the
Investment Company Act of 1940
1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol | 5. Relationship of Reporting Person(s) to Issuer | ||||||||||||||||||||||||||||||||||
Vincent Ron | Crexendo, Inc. [CXDO] | (Check all applicable) | ||||||||||||||||||||||||||||||||||
_____ Director | _____ 10% Owner | |||||||||||||||||||||||||||||||||||
(Last) | (First) | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) | __X__ Officer (give title below) | _____ Other (specify below) | |||||||||||||||||||||||||||||||
1615 S 52ND ST | 11/12/2020 | Chief Financial Officer | ||||||||||||||||||||||||||||||||||
(Street) | 4. If Amendment, Date Original Filed(Month/Day/Year) | 6. Individual or Joint/Group Filing(Check Applicable Line) | ||||||||||||||||||||||||||||||||||
_X_ Form filed by One Reporting Person | ||||||||||||||||||||||||||||||||||||
TEMPE, AZ 85281 | ___ Form filed by More than One Reporting Person | |||||||||||||||||||||||||||||||||||
(City) | (State) | (Zip) | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||||||||||||||||
1.Title of Security | 2. Transaction | 2A. Deemed | 3. Transaction | 4. Securities Acquired | 5. Amount of Securities Beneficially Owned | 6. | 7. Nature | |||||||||||||||||||||||||||||
(Instr. 3) | Date | Execution Date, if | Code | (A) or Disposed of (D) | Following Reported Transaction(s) | Ownership | of Indirect | |||||||||||||||||||||||||||||
(Month/Day/Year) | any | (Instr. 8) | (Instr. 3, 4 and 5) | (Instr. 3 and 4) | Form: | Beneficial | ||||||||||||||||||||||||||||||
(Month/Day/Year) | Direct (D) | Ownership | ||||||||||||||||||||||||||||||||||
or Indirect | (Instr. 4) | |||||||||||||||||||||||||||||||||||
(A) or | (I) | |||||||||||||||||||||||||||||||||||
Code | V | Amount | (D) | Price | (Instr. 4) | |||||||||||||||||||||||||||||||
Common Stock | 11/12/2020 | M(1) | 416 | A | $ 0 | 11,371 | D | |||||||||||||||||||||||||||||
Common Stock | 11/12/2020 | M(2) | 375 | A | $ 0 | 11,746 | D | |||||||||||||||||||||||||||||
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||||||||||||||||||||||||||||||||||||
Persons who respond to the collection of information contained in this | SEC 1474 (9-02) | |||||||||||||||||||||||||||||||||||
form are not required to respond unless the form displays a currently valid | ||||||||||||||||||||||||||||||||||||
OMB control number. | ||||||||||||||||||||||||||||||||||||
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||||||||||||||||||||||||||||
(e.g., puts, calls, warrants, options, convertible securities) | ||||||||||||||||||||||||||||||||||||
1. Title of | 2. | 3. Transaction | 3A. Deemed | 4. Transaction | 5. Number of | 6. Date Exercisable | 7. Title and Amount of | 8. Price of | 9. Number of | 10. | 11. Nature | |||||||||||||||||||||||||
Derivative | Conversion | Date | Execution Date, if | Code | Derivative | and Expiration Date | Underlying Securities | Derivative | Derivative | Ownership | of Indirect | |||||||||||||||||||||||||
Security | or Exercise | (Month/Day/Year) | any | (Instr. 8) | Securities | (Month/Day/Year) | (Instr. 3 and 4) | Security | Securities | Form of | Beneficial | |||||||||||||||||||||||||
(Instr. 3) | Price of | (Month/Day/Year) | Acquired (A) or | (Instr. 5) | Beneficially | Derivative | Ownership | |||||||||||||||||||||||||||||
Derivative | Disposed of (D) | Owned | Security: | (Instr. 4) | ||||||||||||||||||||||||||||||||
Security | (Instr. 3, 4, and | Following | Direct (D) | |||||||||||||||||||||||||||||||||
5) | Reported | or Indirect | ||||||||||||||||||||||||||||||||||
Date | Expiration | Amount or | Transaction(s) | (I) | ||||||||||||||||||||||||||||||||
(Instr. 4) | (Instr. 4) | |||||||||||||||||||||||||||||||||||
Title | Number of | |||||||||||||||||||||||||||||||||||
Exercisable | Date | |||||||||||||||||||||||||||||||||||
Code | V | (A) | (D) | Shares | ||||||||||||||||||||||||||||||||
Restricted | $ 0 (3) | 11/12/2020 | M | 416 | (4) | (4) | Common | 416 | $ 0 | 6,253 | D | |||||||||||||||||||||||||
Stock Units | Stock | |||||||||||||||||||||||||||||||||||
Restricted | $ 0 (3) | 11/12/2020 | M | 375 | (5) | (5) | Common | 375 | $ 0 | 10,501 | D | |||||||||||||||||||||||||
Stock Units | Stock | |||||||||||||||||||||||||||||||||||
Reporting Owners | ||||||||||||||||||||||||||||||||||||
Reporting Owner Name / Address | Relationships | |||||||||||||||||||||||||||||||||||
Director | 10% Owner | Officer | Other | |||||||||||||||||||||||||||||||||
Vincent Ron | ||||||||||||||||||||||||||||||||||||
1615 S 52ND ST | Chief Financial Officer | |||||||||||||||||||||||||||||||||||
TEMPE, AZ 85281 | ||||||||||||||||||||||||||||||||||||
Signatures | ||||||||||||||||||||||||||||||||||||
/s/Ron Vincent | ||||||||||||||||||||||||||||||||||||
11/13/2020 | ||||||||||||||||||||||||||||||||||||
** | Signature of Reporting Person | Date | ||||||||||||||||||||||||||||||||||
Explanation of Responses:
- If the form is filed by more than one reporting person,see Instruction 4(b)(v).
-
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Vesting of RSUs granted on February 12, 2019.
(2) Vesting of RSUs granted on March 12, 2020.
(3) Each RSU is the economic equivalent of one share of Crexendo common stock. The closing price of CXDO on November 12, 2020 was $6.35.
- The RSUs vest in equal installments over 36 months starting on March 12, 2019 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- The RSUs vest in equal installments over 36 months starting on April 12, 2020 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
EDGAR Stream is a copyright of Issuer Direct Corporation, all rights reserved.
FORM 4
Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION | OMB APPROVAL | |
Washington, D.C. 20549 | OMB Number: | 3235-0287 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | Estimated average burden hours | |
per response... | 0.5 |
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the
Investment Company Act of 1940
1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol | 5. Relationship of Reporting Person(s) to Issuer | ||||||||||||||||||||||||||||||||||
Vincent Ron | Crexendo, Inc. [CXDO] | (Check all applicable) | ||||||||||||||||||||||||||||||||||
_____ Director | _____ 10% Owner | |||||||||||||||||||||||||||||||||||
(Last) | (First) | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) | __X__ Officer (give title below) | _____ Other (specify below) | |||||||||||||||||||||||||||||||
1615 S 52ND ST | 11/12/2020 | Chief Financial Officer | ||||||||||||||||||||||||||||||||||
(Street) | 4. If Amendment, Date Original Filed(Month/Day/Year) | 6. Individual or Joint/Group Filing(Check Applicable Line) | ||||||||||||||||||||||||||||||||||
_X_ Form filed by One Reporting Person | ||||||||||||||||||||||||||||||||||||
TEMPE, AZ 85281 | ___ Form filed by More than One Reporting Person | |||||||||||||||||||||||||||||||||||
(City) | (State) | (Zip) | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||||||||||||||||
1.Title of Security | 2. Transaction | 2A. Deemed | 3. Transaction | 4. Securities Acquired | 5. Amount of Securities Beneficially Owned | 6. | 7. Nature | |||||||||||||||||||||||||||||
(Instr. 3) | Date | Execution Date, if | Code | (A) or Disposed of (D) | Following Reported Transaction(s) | Ownership | of Indirect | |||||||||||||||||||||||||||||
(Month/Day/Year) | any | (Instr. 8) | (Instr. 3, 4 and 5) | (Instr. 3 and 4) | Form: | Beneficial | ||||||||||||||||||||||||||||||
(Month/Day/Year) | Direct (D) | Ownership | ||||||||||||||||||||||||||||||||||
or Indirect | (Instr. 4) | |||||||||||||||||||||||||||||||||||
(A) or | (I) | |||||||||||||||||||||||||||||||||||
Code | V | Amount | (D) | Price | (Instr. 4) | |||||||||||||||||||||||||||||||
Common Stock | 11/12/2020 | M(1) | 416 | A | $ 0 | 11,371 | D | |||||||||||||||||||||||||||||
Common Stock | 11/12/2020 | M(2) | 375 | A | $ 0 | 11,746 | D | |||||||||||||||||||||||||||||
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||||||||||||||||||||||||||||||||||||
Persons who respond to the collection of information contained in this | SEC 1474 (9-02) | |||||||||||||||||||||||||||||||||||
form are not required to respond unless the form displays a currently valid | ||||||||||||||||||||||||||||||||||||
OMB control number. | ||||||||||||||||||||||||||||||||||||
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||||||||||||||||||||||||||||
(e.g., puts, calls, warrants, options, convertible securities) | ||||||||||||||||||||||||||||||||||||
1. Title of | 2. | 3. Transaction | 3A. Deemed | 4. Transaction | 5. Number of | 6. Date Exercisable | 7. Title and Amount of | 8. Price of | 9. Number of | 10. | 11. Nature | |||||||||||||||||||||||||
Derivative | Conversion | Date | Execution Date, if | Code | Derivative | and Expiration Date | Underlying Securities | Derivative | Derivative | Ownership | of Indirect | |||||||||||||||||||||||||
Security | or Exercise | (Month/Day/Year) | any | (Instr. 8) | Securities | (Month/Day/Year) | (Instr. 3 and 4) | Security | Securities | Form of | Beneficial | |||||||||||||||||||||||||
(Instr. 3) | Price of | (Month/Day/Year) | Acquired (A) or | (Instr. 5) | Beneficially | Derivative | Ownership | |||||||||||||||||||||||||||||
Derivative | Disposed of (D) | Owned | Security: | (Instr. 4) | ||||||||||||||||||||||||||||||||
Security | (Instr. 3, 4, and | Following | Direct (D) | |||||||||||||||||||||||||||||||||
5) | Reported | or Indirect | ||||||||||||||||||||||||||||||||||
Date | Expiration | Amount or | Transaction(s) | (I) | ||||||||||||||||||||||||||||||||
(Instr. 4) | (Instr. 4) | |||||||||||||||||||||||||||||||||||
Title | Number of | |||||||||||||||||||||||||||||||||||
Exercisable | Date | |||||||||||||||||||||||||||||||||||
Code | V | (A) | (D) | Shares | ||||||||||||||||||||||||||||||||
Restricted | $ 0 (3) | 11/12/2020 | M | 416 | (4) | (4) | Common | 416 | $ 0 | 6,253 | D | |||||||||||||||||||||||||
Stock Units | Stock | |||||||||||||||||||||||||||||||||||
Restricted | $ 0 (3) | 11/12/2020 | M | 375 | (5) | (5) | Common | 375 | $ 0 | 10,501 | D | |||||||||||||||||||||||||
Stock Units | Stock | |||||||||||||||||||||||||||||||||||
Reporting Owners | ||||||||||||||||||||||||||||||||||||
Reporting Owner Name / Address | Relationships | |||||||||||||||||||||||||||||||||||
Director | 10% Owner | Officer | Other | |||||||||||||||||||||||||||||||||
Vincent Ron | ||||||||||||||||||||||||||||||||||||
1615 S 52ND ST | Chief Financial Officer | |||||||||||||||||||||||||||||||||||
TEMPE, AZ 85281 | ||||||||||||||||||||||||||||||||||||
Signatures | ||||||||||||||||||||||||||||||||||||
/s/Ron Vincent | ||||||||||||||||||||||||||||||||||||
11/13/2020 | ||||||||||||||||||||||||||||||||||||
** | Signature of Reporting Person | Date | ||||||||||||||||||||||||||||||||||
Explanation of Responses:
- If the form is filed by more than one reporting person,see Instruction 4(b)(v).
-
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Vesting of RSUs granted on February 12, 2019.
(2) Vesting of RSUs granted on March 12, 2020.
(3) Each RSU is the economic equivalent of one share of Crexendo common stock. The closing price of CXDO on November 12, 2020 was $6.35.
- The RSUs vest in equal installments over 36 months starting on March 12, 2019 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- The RSUs vest in equal installments over 36 months starting on April 12, 2020 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
EDGAR Stream is a copyright of Issuer Direct Corporation, all rights reserved.
This is an excerpt of the original content. To continue reading it, access the original document here.
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Crexendo Inc. published this content on 13 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2020 23:30:03 UTC