SEC Form 4 · accession 0001209191-17-047863
TechTarget Inc · TTGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg Strakosch
Officer — Executive Chairman · Director
Period of report
Aug 3, 2017
Accepted (ET)
Aug 7, 2017 · 4:01 pm EDT
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 | Aug 3, 2017 | M | 75,000 | — | A | 1,333,562 | D | |
| Common Stock | holding | — | — | — | 250,000 | I | Gregory M. Strakosch Qualified Annuity Interest Trust III | |
| Common Stock | holding | — | — | — | 60,147 | I | Gregory M. Strakosch Qualified Annuity Interest Trust II | |
| Common Stock | holding | — | — | — | 15,440 | I | Strakosch Family 2014 Irrevocable Trust Margaret Strakosch, Trustee Brokerage |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 3, 2017 | M | 75,000 | D | — | — | Common Stock | 75,000 | 150,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of TechTarget, Inc.'s Common Stock upon vesting. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- F2This award was granted on August 3, 2016. One-third of the RSUs subject to the award vested on August 3, 2017, and one-third of the RSUs are scheduled to vest on each of August 3, 2018 and August 3, 2019. 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.