Mona Sabet - 01 Sep 2022 Form 4 Insider Report for UserTesting, Inc.

Signature
/s/ Jon Pexton as attorney-in-fact for Mona Sabet
Issuer symbol
N/A
Transactions as of
01 Sep 2022
Net transactions value
+$42,750
Form type
4
Filing time
06 Sep 2022, 18:41:20 UTC
Previous filing
31 Jan 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USER Common Stock Options Exercise $42,750 +45,000 +9.6% $0.9500* 511,842 01 Sep 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 Employee Stock Option (Right to Buy) Options Exercise $0 -45,000 -22% $0.000000 155,000 01 Sep 2022 Common Stock 45,000 $0.9500 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,500 shares of Common Stock acquired under the issuer's employee stock purchase plan on May 17, 2022.
F2 The option vests as to 1/48th of the total shares monthly, beginning May 1, 2020, subject to the Reporting Holder's continued service to the Issuer on each vesting date.