Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 216

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 11
Chunk 216
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  $196(2)                       David Wang  622,086   -  $0.91  3/11/2026  -  $-    18,050   6,950(1) $2.72  10/24/2032  -  $-    -   -  $-     26,250  $137(2)

 (1)Remaining unexercisable options vest ratably on a monthly basis through October 24, 2025. (2)Remaining restricted stock units vest ratably on a quarterly basis through March 5, 2027.

Option Exercises and Stock Vested

The following table presents information about the exercise of stock options and vesting of stock awards by NEOs during the year ended December 31, 2024.

  Option Awards  Stock Awards Name Number of shares acquired on exercise (#)  Value realized on exercise ($)     Number of shares acquired on vesting (#)  Value realized on vesting ($)    Jeff Korn  25,000  $64   15,000  $65 Doug Gaylor  52,500  $175   12,500  $54 Ron Vincent  25,000  $96   12,500  $54 Jon Brinton  -  $-   8,750  $38 Anand Buch  312,052  $1,265   12,500  $54 David Wang  202,367  $837   8,750  $38 

 96Table of Contents

Equity Compensation Plan Information

The following table presents information about our common stock that was issuable upon the exercise of options, warrants and rights under existing equity compensation plans as of December 31, 2024. 

Plan Category Number of Securities To Be Issued Upon Exercise Of Outstanding Options  Weighted-average Exercise Price Of Outstanding Options  Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected In Column (a))   (a)  (b)  (c) Equity Compensation Plans Approved By Securities Holders  7,121,550  $1.86   1,611