Jon Pexton - May 13, 2022 Form 4 Insider Report for UserTesting, Inc. (USER)

Role
Chief Financial Officer
Signature
/s/ Ambyr O'Donnell as attorney-in-fact for Jon Pexton
Stock symbol
USER
Transactions as of
May 13, 2022
Transactions value $
$403,000
Form type
4
Date filed
5/16/2022, 06:21 PM
Previous filing
May 9, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USER Common Stock Options Exercise $403K +100K +403.01% $4.03 125K May 13, 2022 Direct

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 USER Stock Option (Right to Buy) Options Exercise $0 -100K -6.29% $0.00 1.49M May 13, 2022 Common Stock 100K $4.03 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 1/4th of the total shares on March 29, 2022, and then 1/48th of the total shares vest monthly thereafter, subject to the Reporting Holder's continued service to the Issuer on each vesting date.