Sockol Eric 4
4 · TechTarget Inc · Filed Mar 11, 2010
Insider Transaction Report
Form 4
TechTarget IncTTGT
Sockol Eric
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2010-03-09+125,000→ 125,000 totalExercise: $0.00→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The total performance-based restricted stock unit grant relates to 125,000 shares of common stock, which, as a result of the satisfaction of the performance condition, vested as to 31,250 shares on March 9, 2010, and will thereafter vest upon the conclusion of each ninety-one (91) day period following the initial anniversary of the Grant Date in additional six and a quarter percent (6.25%) increments such that on the fourth anniversary of the Grant Date, the RSU grant shall become fully-vested. The vested shares have been deferred pursuant to a deferral plan by the reporting person.