SEC Form 4 · accession 0001209191-16-156104
TechTarget Inc · TTGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard P Forman
Director
Period of report
Dec 16, 2016
Accepted (ET)
Dec 20, 2016 · 4:07 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 16, 2016 | A | 6,302 | $8.49 | A | 167,163 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $8.49 | Dec 16, 2016 | A | 2,500 | A | — | — | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1These shares were issued under the TechTarget, Inc. 2007 Stock Option Plan pursuant to an award as part of the TechTarget, Inc. director compensation program and represent meeting fees and retainer. The number of shares was determined by dividing compensation payable by the closing price on December 16, 2016 of TechTarget, Inc.'s common stock as reported by Nasdaq.
- F2The option represents a right to purchase 2,500 shares of common stock of TechTarget, Inc. The option is fully vested.