| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/5/24 |
| Not Subject to Section 16? No |
| Issuer: |
| Issuer CIK: 1075736 |
| Issuer Name: Crexendo, Inc. |
| Issuer Trading Symbol: CXDO |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1550497 |
| | Owner Name: Vincent Ron |
| Reporting Owner Address: |
| | Owner Street 1: 1615 S 52ND ST |
| | Owner Street 2: |
| | Owner City: TEMPE |
| | Owner State: AZ |
| | Owner ZIP Code: 85281 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
| Aff 10b5 One? No |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units (RSU) |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/5/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 50,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 50,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 50,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment. |
| Footnote - F2: The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting. |
| Owner Signature: |
| Signature Name: /s/Ron Vincent |
| Signature Date: 3/5/24 |
