X0306
4
2020-05-12
false
0001075736
Crexendo, Inc.
CXDO
0001550497
Vincent Ron
1615 S 52ND ST
TEMPE
AZ
85281
false
true
false
false
Chief Financial Officer
Common Stock
2020-05-12
4
M
false
417
0
A
6622
D
Common Stock
2020-05-12
4
M
false
375
0
A
6997
D
Restricted Stock Unit
0
2020-05-12
4
M
false
417
0
D
Common Stock
417
8752
D
Restricted Stock Unit
0
2020-05-12
4
M
false
375
0
D
Common Stock
375
12751
D
Vesting of RSUs granted on February 12, 2019.
Vesting of RSUs granted on March 12, 2020.
Each RSU is the economic equivalent of one share of Crexendo common stock. The closing price of CXDO on May 12, 2020 was $6.15.
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.
/s/Ron Vincent
2020-05-14