Astral Capital ABEH, LLC - 13 Feb 2024 Form 4 Insider Report for Klaviyo, Inc. (KVYO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Feb 2024, 17:18:40 UTC
Prior SEC filing
23 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Astral Capital ABEH, LLC, By: Astral Capital ABEH Manager, LLC, Manager, By: /s/ Jon Karlen, Title: Manager

Key filing fact

Astral Capital ABEH, LLC filed Form 4 for Klaviyo, Inc. (KVYO) on 15 Feb 2024.

Key facts

  • This page summarizes Astral Capital ABEH, LLC's Form 4 filing for Klaviyo, Inc. (KVYO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 Feb 2024, 17:18.

Change

  • Previous filing in this sequence was filed on 23 Oct 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KVYO transaction

Series A Common Stock

Conversion of derivative security

Transaction value
Shares
+5,117,010
Change %
+41494%
Price
Shares after
5,129,342
Date
13 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KVYO transaction Derivative

Series B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-5,117,010
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Feb 2024
Ownership
Direct
Underlying class
Series A Common Stock
Underlying amount
5,117,010
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On February 13, 2024, Astral Capital ABEH, LLC converted 5,117,010 shares of the Issuer's Series B Common Stock, par value $0.001 per share ("Series B Common Stock") into 5,117,010 shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock").

Footnote F2

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.

Footnote F3

Shares held by Astral Capital ABEH, LLC. Astral Capital ABEH Manager, LLC is the sole manager of Astral Capital ABEH, LLC. Jon Karlen is the sole manager of Astral Capital ABEH Manager, LLC. Each Reporting Person disclaims beneficial ownership of the shares reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of his or its pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any of the reported shares for purposes of Section 16 or any other purpose.

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