Olin Rick 4
4 · TechTarget Inc · Filed Feb 2, 2012
Insider Transaction Report
Form 4
TechTarget IncTTGT
Olin Rick
VP, Gen. Counsel & Secretary
Transactions
- Exercise/Conversion
Common Stock
2012-02-01+6,250→ 40,625 total - Exercise/Conversion
Restricted Stock Unit
2012-02-01−6,250→ 6,250 total→ Common Stock (6,250 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represented a contingent right to receive one share of TechTarget, Inc.'s common stock. The Reporting Person settled these restricted stock units for common stock.
- [F2]The total restricted stock unit grant relates to 25,000 shares of common stock, which, as a result of the satisfaction of the performance condition, vested as to 6,250 shares on March 9, 2010, and 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. Delivery of the RSUs was deferred pursuant to the recipient's deferral plan.
- [F3]Each restricted stock unit represented a contingent right to receive one share of TechTarget, Inc.'s common stock.