4//SEC Filing
Beam Kevin 4
Accession 0001209191-18-043894
CIK 0001293282other
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 4:38 PM ET
Size
8.1 KB
Accession
0001209191-18-043894
Insider Transaction Report
Form 4
TechTarget IncTTGT
Beam Kevin
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2018-07-24+100,000→ 481,808 total - Exercise/Conversion
Restricted Stock Units
2018-07-24−100,000→ 0 total→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Represents shares of TechTarget, Inc.'s ("TechTarget") Common Stock issued upon accelerated vesting of certain Restricted Stock Units ("RSUs") granted on August 3, 2016 pursuant to the terms of that certain Transition, Separation, and Release Agreement by and between the Reporting Person and TechTarget dated July 12, 2018 (the "Separation Agreement"). The Reporting Person's employment with TechTarget was terminated on July 24, 2018 (the "Separation Date"). In accordance with the Separation Agreement, delivery of the vested shares to the Reporting Person will be delayed until the six month anniversary of the Separation Date.
- [F2]Each RSU represents a contingent right to receive one share of TechTarget's Common Stock upon vesting.
- [F3]The RSUs were granted on August 3, 2016 in accordance with TechTarget's 2007 Stock Option and Incentive plan. The RSUs were scheduled to vest annually at a rate of 1/3 on each anniversary of the grant date. All of the unvested RSUs were accelerated on the Separation Date pursuant to the terms of the Separation Agreement.
Documents
Issuer
TechTarget Inc
CIK 0001293282
Entity typeother
Related Parties
1- filerCIK 0001399645
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 4:38 PM ET
- Size
- 8.1 KB