SEC Form 4 · accession 0001209191-19-011509
TechTarget Inc · TTGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel T Noreck
Officer — Chief Financial Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 20, 2019 · 4:14 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,F2 | Feb 20, 2019 | S | 7,075 | $15.51 | D | 13,869 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares sold to cover tax withholding obligations in connection with the vesting and delivery of restricted stock units. The sale is required at TechTarget, Inc.'s ("TechTarget") election under the reporting person's award agreement to enable the satisfaction of tax withholding obligations with funding from a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.35 to $15.65, inclusive. The reporting person undertakes to provide to TechTarget, any security holder of TechTarget, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.