Mona Sabet - Sep 1, 2022 Form 4 Insider Report for UserTesting, Inc. (USER)

Role: Chief Corp. Strategy Officer
Signature: /s/ Jon Pexton as attorney-in-fact for Mona Sabet
Stock symbol: USER
Transactions as of: Sep 1, 2022
Transactions value $: $42,750
Form type: 4
Date filed: 9/6/2022, 06:41 PM
Previous filing: Jan 31, 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	$42.8K	+45K	+9.64%	$0.95^*	512K	Sep 1, 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	-45K	-22.5%	$0.00	155K	Sep 1, 2022	Common Stock	45K	$0.95	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.