Ping Li - Sep 20, 2023 Form 3 Insider Report for Klaviyo, Inc. (KVYO)

Role
Director
Signature
/s/ Landon Edmond, Attorney-in-Fact
Stock symbol
KVYO
Transactions as of
Sep 20, 2023
Transactions value $
$0
Form type
3
Date filed
9/20/2023, 04:43 PM

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
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 1.51M By Accel Growth Fund V L.P. F1, F2
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 64.2K By Accel Growth Fund V Strategic Partners L.P. F1, F2
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 78.6K By Accel Growth Fund V Investors (2019) L.L.C. F1, F2
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 4.53M By Accel Leaders Fund II L.P. F1, F3
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 193K By Accel Leaders Fund II Strategic Partners L.P. F1, F3
holding KVYO Series B Common Stock Sep 20, 2023 Series A Common Stock 238K By Accel Leaders Fund II Investors (2019) L.L.C. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Common Stock is convertible at any time at the option of the holder into one share of Series A Common Stock of the Issuer, and will automatically convert into Series A Common Stock upon the occurrence of certain events as set forth in the Issuer's certificate of incorporation. The Series B Common Stock has no expiration date.
F2 Accel Growth Fund V Associates L.L.C. ("AGF5A") is the General Partner of both Accel Growth Fund V L.P. and Accel Growth Fund V Strategic Partners L.P. (together, the "AGF5 Entities"), and has sole voting and dispositive power with regard to the shares held by the AGF5 Entities. The Reporting Person is a Managing Member of AGF5A and Accel Growth Fund V Investors (2019) L.L.C., and disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
F3 Accel Leaders Fund II Associates L.L.C. ("ALF2A") is the General Partner of both Accel Leaders Fund II L.P. and Accel Leaders Fund II Strategic Partners L.P. (together, the "ALF2 Entities"), and has sole voting and dispositive power with regard to the shares held by the ALF2 Entities. The Reporting Person is a Managing Member of ALF2A and Accel Leaders Fund II Investors (2019) L.L.C., and disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

Remarks:

Exhibit 24 - Power of Attorney