SEC Form 4 · accession 0001209191-15-003664
TechTarget Inc · TTGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Beam
Officer — President
Period of report
Dec 21, 2012
Accepted (ET)
Jan 12, 2015 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001293282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 21, 2012 | A | 100,000 | $0.00 | A | 559,168 | D | |
| Common StockF2,F3 | Jan 2, 2013 | M | 31,250 | — | A | 583,293 | D | |
| Common StockF2,F3 | Apr 1, 2013 | M | 31,250 | — | A | 599,793 | D | |
| Common StockF2,F3 | Oct 1, 2013 | M | 31,250 | — | A | 618,543 | D | |
| Common StockF2,F3 | Jan 2, 2014 | M | 31,250 | — | A | 637,293 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jan 2, 2013 | M | 31,250 | D | — | — | Common Stock | 31,250 | 125,000 | D |
| Restricted Stock UnitsF2,F3 | — | Apr 1, 2013 | M | 31,250 | D | — | — | Common Stock | 31,250 | 93,750 | D |
| Restricted Stock UnitsF2,F3 | — | Oct 1, 2013 | M | 31,250 | D | — | — | Common Stock | 31,250 | 62,500 | D |
| Restricted Stock UnitsF2,F3 | — | Jan 2, 2014 | M | 31,250 | D | — | — | Common Stock | 31,250 | 31,250 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents the right to receive one share of TechTarget, Inc.'s common stock upon vesting. The RSU vests in equal installments starting on March 22, 2013
- F2Each RSU represents the right to receive one share of TechTarget, Inc.'s common stock upon vesting.
- F3On January 2, 2009 (the 'Grant Date'), the reporting person was granted 500,000 performance based restricted stock units. The total performance based restricted stock unit grant relates to 500,000 shares of TechTarget, Inc.'s common stock which as a result of the satisfaction of the performance condition, first vested as to 125,000 shares on March 9, 2010 and thereafter became further vested upon the conclusion of each ninety-one (91) day period following the initial anniversary of the Grant Date in additional six and a quarter percent (6.25%) increments such that on the fourth anniversary of the Grant Date, the RSU grant became fully vested.