SEC Form 4 · accession 0001209191-18-045669
TechTarget Inc · TTGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don Hawk
Officer — Executive Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 4:20 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,F2 | Aug 3, 2018 | M | 30,000 | — | A | 191,407 | 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 UnitsF1,F2,F3 | — | Aug 3, 2018 | M | 30,000 | D | — | — | Common Stock | 30,000 | 30,000 | D |
| Restricted Stock UnitsF1,F4 | — | Aug 3, 2018 | A | 60,000 | A | — | — | Common Stock | 60,000 | 60,000 | 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.
- F2This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- F3This award was granted on August 3, 2016. One-third of the RSUs subject to the award vested on each of August 3, 2017 and August 3, 2018. The remaining one-third of the RSUs are scheduled to vest on 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.
- F4These RSUs are scheduled to vest as to one-third of the units on each of August 3, 2019, August 3, 2020, and August 3, 2021.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