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

Signature
/s/ Landon Edmond, Attorney-in-Fact
Issuer symbol
KVYO
Transactions as of
15 Apr 2024
Net transactions value
$0
Form type
4
Filing time
17 Apr 2024, 16:22:28 UTC
Previous filing
16 Feb 2024
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVYO Series A Common Stock Award $0 +279,888 +149% $0.000000 467,173 15 Apr 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) 19,285 shares of Series A Common Stock and (ii) 447,888 unvested RSUs awarded under the Issuer's 2023 Stock Incentive Plan.