Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 627

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 3
Chunk 627
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31, 2024 and assumes that all dividends (if applicable) were reinvested.

Reconciliation of Summary Compensation Table to Compensation Actually Paid

A reconciliation of adjustments from our summary compensation table total to compensation actually paid for our PEO and Other NEOs is presented in the table below:

  2024  2023 Adjustments PEO Jeff Korn  Other NEOs*  PEO Jeff Korn  Other NEOs* SCT Total $761  $645  $509  $475 (a) $(322) $(236) $(113) $(73)(b) $235  $172  $-  $- (c) $3  $10  $94  $71 (d) $65  $44  $113  $73 (e) $(3) $(2) $(1) $1 (f) $-  $-  $(48) $(38)CAP Total $739  $633  $554  $509 

* Amounts presented are averages for the entire group of Other NEOs in each respective year

 (a)(Deduct): Aggregate value for stock awards and option awards included in SCT for the covered fiscal year. (b)Add: The year-end fair value of any equity awards granted during the covered fiscal year that are outstanding and unvested as of the end of the fiscal year. (c)Add (Deduct): The change in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the fiscal year. (d)Add: The fair value as of the vesting date of any awards that are granted and vest in the same year. (e)Add (Deduct): For awards granted in prior years that vest in the fiscal year, the change in the fair value from the end of the prior fiscal year to the vesting date. (f)(Deduct): For awards granted in prior years that are determined to fail to meet the applicable vesting conditions, deduct the amount equal to the fair value at the end of the prior fiscal year.

Potential Payments upon Termination or Change-in-Control

Acceleration of Vesting of Options and Other Stock Awards upon Change in Control. All outstanding stock options awarded to the NEOs become fully vested upon a “change in control,” without