Landon Edmond - Apr 15, 2024 Form 4 Insider Report for Klaviyo, Inc. (KVYO)

Role
Chief Legal Officer
Signature
/s/ Landon Edmond
Stock symbol
KVYO
Transactions as of
Apr 15, 2024
Transactions value $
$0
Form type
4
Date filed
4/17/2024, 04:21 PM
Previous filing
Apr 8, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVYO Series A Common Stock Award $0 +108K +64.6% $0.00 275K Apr 15, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Incentive Plan, each representing the contingent right to receive one share of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), upon vesting and settlement. The RSUs vest as follows: (i) 50% of the RSUs will vest in eight equal quarterly installments, with the first such installment vesting on May 15, 2024, and (ii) thereafter the remaining 50% of the RSUs will vest in four equal quarterly installments, subject to the Reporting Person's continued service on each such vesting date.
F2 Consists of (i) 2,127 shares of Series A Common Stock and (ii) 272,956 unvested RSUs awarded under the Issuer's 2023 Stock Incentive Plan.