Steven Niemiec - Jan 2, 2024 Form 4 Insider Report for TechTarget Inc (TTGT)

Role
Chief Operating Officer & CRO
Signature
Charles D. Rennick, Attorney-in-Fact
Stock symbol
TTGT
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 04:05 PM
Previous filing
Aug 29, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTGT Common Stock Options Exercise +30K +126.53% 53.7K Jan 2, 2024 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTGT Restricted Stock Units Options Exercise $0 -30K -33.33% $0.00 60K Jan 2, 2024 Common Stock 30K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of TechTarget, Inc.'s ("TechTarget") Common Stock upon vesting.
F2 This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F3 Includes 160 shares of Common Stock purchased pursuant to the TechTarget, Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 1, 2023 to November 30, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of TechTarget's Common Stock on November 30, 2023.
F4 This award was granted on January 2, 2023. One-third of the RSUs subject to the award vested on January 2, 2024, and one-third of the RSUs are scheduled to vest on each of January 2, 2025 and January 2, 2026. 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.