Company: CXDO
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001654954-25-011941
Chunk: 37

Company: Crexendo, Inc.
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 37
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     |                                                                       | 6,950 | -1 |     | $                     | 2.72 |     | 10/24/2032             |     |                                                             |      - |     | $                                                                                |   - |    |
|             |     |                                                                        |       - |     |                                                                       |     - |    |     | $                     |    - |     |                        |     |                                                             | 37,500 |     | $                                                                                | 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. |

| 22 |

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.

| Name        |     | Option Awards                             
 Number of shares acquired on exercise (#) |         |     | Value realized on exercise ($) |       |     | Stock Awards                             
 Number of shares acquired on vesting (#) |        |     | Value realized on vesting ($) |    |
|:------------|:----|:------------------------------------------|--------:|:----|:-------------------------------|------:|:----|:-----------------------------------------|-------:|:----|:------------------------------|---:|
| Jeff Korn   |     |                                           |  25,000 |     | $                              |    64 |     |                                          | 15,000 |     |