Perfecto Sanchez - 11 Jan 2023 Form 4 Insider Report for TechTarget Inc (TTGT)

Role
Director
Signature
Charles D. Rennick, Attorney-in-Fact
Issuer symbol
TTGT
Transactions as of
11 Jan 2023
Transactions value $
$0
Form type
4
Filing time
13 Jan 2023, 15:05:45 UTC
Previous filing
20 Dec 2022
Next filing
08 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTGT Common Stock Options Exercise +1.4K +127.16% 2.5K 11 Jan 2023 Direct F1, F2

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 TTGT Restricted Stock Units Options Exercise $0 -1.4K -33.33% $0.00 2.8K 11 Jan 2023 Common Stock 1.4K Direct F1, F2, F3, F4
* 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 share of TechTarget, Inc.'s ("TechTarget") Common Stock upon vesting.
F2 This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F3 The RSU grant vests in equal tranches, one-third per year on each anniversary of the grant date. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.
F4 This award was granted on January 11, 2022. One-third of the RSUs subject to the award vested on January 11, 2023, and one-third of the RSUs are scheduled to vest on each of January 11, 2024 and January 11, 2025. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.