Michael Cotoia - 29 Jul 2023 Form 4 Insider Report for TechTarget Inc (TTGT)

Role: Chief Executive Officer, Director
Signature: Charles D. Rennick, Attorney-in-Fact
Issuer symbol: TTGT
Transactions as of: 29 Jul 2023
Transactions value $: $0
Form type: 4
Filing time: 31 Jul 2023, 16:05:09 UTC
Previous filing: 28 Feb 2023
Next filing: 14 Aug 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		+50K	+51.49%		147K	29 Jul 2023	Direct	F1, F2, F3
transaction	TTGT	Common Stock	Options Exercise		+30K	+20.39%		177K	30 Jul 2023	Direct	F1, F2
transaction	TTGT	Common Stock	Options Exercise		+50K	+28.23%		227K	31 Jul 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	-50K	-33.33%	$0.00	100K	29 Jul 2023	Common Stock	50K		Direct	F1, F2, F4
transaction	TTGT	Restricted Stock Units	Options Exercise	$0	-30K	-50%	$0.00	30K	30 Jul 2023	Common Stock	30K		Direct	F1, F2, F5
transaction	TTGT	Restricted Stock Units	Options Exercise	$0	-50K	-100%	$0.00^*	0	31 Jul 2023	Common Stock	50K		Direct	F1, F2, F6

* 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	Includes 267 shares of Common Stock purchased pursuant to the TechTarget, Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2022 to May 31, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of TechTarget's Common Stock on May 31, 2023.
F4	This award was granted on July 29, 2022. One-third of the RSUs subject to the award vested on July 29, 2023, and one-third of the RSUs are scheduled to vest on each of July 29, 2024 and July 29, 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.
F5	This award was granted on July 30, 2021. One-third of the RSUs subject to the award vested on each of July 30, 2022 and July 30, 2023, and one-third of the RSUs are scheduled to vest on July 30, 2024. 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.
F6	This award was granted on July 31, 2020. One-third of the RSUs subject to the award vested on each of July 31, 2021, July 31, 2022, and July 31, 2023. The shares reported represent the vesting of RSUs on July 31, 2023. 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.