Greg Strakosch - Dec 2, 2024 Form 4 Insider Report for TechTarget Holdings Inc. (TTGT)

Signature
Charles D. Rennick, Attorney-in-Fact
Stock symbol
TTGT
Transactions as of
Dec 2, 2024
Transactions value $
$0
Form type
4
Date filed
12/3/2024, 06:00 PM
Previous filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTGT Common Stock Disposed to Issuer -291K -100% 0 Dec 2, 2024 Direct F1, F2

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 Disposed to Issuer -15K -100% 0 Dec 2, 2024 Common Stock 15K Direct F1, F3, F4
transaction TTGT Restricted Stock Units Disposed to Issuer -10K -100% 0 Dec 2, 2024 Common Stock 10K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Greg Strakosch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 2, 2024, pursuant to the Agreement and Plan of Merger (the "Transaction Agreement") dated January 10, 2024, by and among TechTarget Holdings Inc. (formerly TechTarget, Inc.) (the "Company"), Toro CombineCo, Inc. ("NewCo"), Toro Acquisition Sub, LLC ("Merger Sub"), Informa PLC, Informa US Holdings Limited ("Informa HoldCo"), and Informa Intrepid Holdings Inc. ("Informa Intrepid"), (i) Informa HoldCo contributed to NewCo all of the issued and outstanding shares of capital stock of Informa Intrepid and $350 million in cash, in exchange for shares of CombineCo's common stock, par value $0.001 per share ("NewCo common stock") and (ii) Merger Sub merged with and into the Company, with the Company surviving the merger and becoming a direct wholly owned subsidiary of NewCo (the "Merger").
F2 Represents shares of common stock, par value $0.001 per share of the Company ("Company common stock") which, at the effective time of the Merger (the "Effective Time"), were converted into the right to receive (i) one share of NewCo common stock and (ii) $11.70 in cash (the "Transaction Consideration") per share of Company common stock.
F3 Each restricted stock unit represents a contingent right to receive one share of Company common stock upon vesting.
F4 Represents unvested restricted stock units representing the contingent right to receive shares of Company common stock which, under the Transaction Agreement and immediately prior to the Effective Time, vested in full and, at the Effective Time, were cancelled, ceased to exist and converted into the right to receive the applicable portion of Transaction Consideration per share of Company common stock, and applicable withholding taxes.