Alexander Wong - 15 Nov 2022 Form 4 Insider Report for UserTesting, Inc. (USER)

Role: Director
Signature: /s/ Mona Sabet as attorney-in-fact for Alexander Wong
Issuer symbol: USER
Transactions as of: 15 Nov 2022
Transactions value $: $0
Form type: 4
Date filed: 17 Nov 2022, 20:56
Previous filing: 17 Aug 2022
Next filing: 13 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USER	Common Stock	Options Exercise		+8.61K	+0.52%		1.65M	15 Nov 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	USER	Restricted Stock Units	Options Exercise	$0	-8.61K	-33.33%	$0.00	17.2K	15 Nov 2022	Common Stock	8.61K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
F2	The RSUs shall vest as to 25% of the total shares quarterly, commencing August 15, 2022, with the remainder of shares vesting on each subsequent November 15, 2022, February 15, 2023, and May 15, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.