Alexander Wong - Aug 15, 2022 Form 4 Insider Report for UserTesting, Inc. (USER)

Role
Director
Signature
/s/ Mona Sabet as attorney-in-fact for Alexander Wong
Stock symbol
USER
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 06:21 PM
Previous filing
Jun 3, 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 +8.61K +0.53% 1.64M Aug 15, 2022 Direct F1

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 Restricted Stock Units Options Exercise $0 -8.61K -25% $0.00 25.8K Aug 15, 2022 Common Stock 8.61K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Units ("RSUs") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
F2 The RSUs shall vest as to 25% of the total shares quarterly, commencing August 15, 2022, with the remainder of shares vesting on each subsequent November 15, 2022, February 15, 2023, and May 15, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.