Stephen Eric Rowland - May 15, 2024 Form 4 Insider Report for Klaviyo, Inc. (KVYO)

Role
President
Signature
/s/ Landon Edmond, Attorney-in-Fact
Stock symbol
KVYO
Transactions as of
May 15, 2024
Transactions value $
-$141,732
Form type
4
Date filed
5/17/2024, 04:36 PM
Previous filing
Apr 17, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVYO Series A Common Stock Tax liability -$142K -5.72K -2.8% $24.80 198K May 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 5,715 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs").
F2 Consists of (i) 7,029 shares of Series A Common Stock and (ii) 191,174 unvested RSUs awarded under the Issuer's 2023 Stock Incentive Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.