Gomez Luciano Fernandez - 11 Jun 2024 Form 4 Insider Report for Klaviyo, Inc. (KVYO)

Role: Director
Signature: /s/ Landon Edmond, Attorney-in-Fact
Issuer symbol: KVYO
Transactions as of: 11 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 13 Jun 2024, 19:13:36 UTC
Previous filing: 20 Sep 2023
Next filing: 16 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KVYO	Series A Common Stock	Award	$0	+8,532	+57%	$0.000000	23,528	11 Jun 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 in full upon the earlier of (i) June 11, 2025 or (ii) the date of the Issuer's next annual meeting of stockholders, in each case subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such vesting date.
F2	Consists of (i) 14,996 shares of Series A Common Stock held by the Reporting Person, which shares were acquired by the Reporting Person for no consideration pursuant to a prior distribution in-kind made in accordance with the exemption afforded under Rule 16a-9 of the Securities Exchange Act of 1934, as amended, and (ii) 8,532 unvested RSUs awarded under the Issuer's 2023 Stock Incentive Plan.

Content

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 in full upon the earlier of (i) June 11, 2025 or (ii) the date of the Issuer's next annual meeting of stockholders, in each case subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such vesting date.

Consists of (i) 14,996 shares of Series A Common Stock held by the Reporting Person, which shares were acquired by the Reporting Person for no consideration pursuant to a prior distribution in-kind made in accordance with the exemption afforded under Rule 16a-9 of the Securities Exchange Act of 1934, as amended, and (ii) 8,532 unvested RSUs awarded under the Issuer's 2023 Stock Incentive Plan.