4//SEC Filing
MacMillan Andrew 4
Accession 0001209191-22-057765
CIK 0001557127other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 9:46 PM ET
Size
9.3 KB
Accession
0001209191-22-057765
Insider Transaction Report
Form 4
MacMillan Andrew
Chief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2022-11-15+87,750→ 104,600 total - Sale
Common Stock
2022-11-16$7.42/sh−31,943$237,167→ 72,657 total - Exercise/Conversion
Restricted Stock Units
2022-11-15−87,750→ 263,250 total→ Common Stock (87,750 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]Includes 5,000 shares of Common Stock acquired under the Issuer's employee stock purchase plan on May 17, 2022 and November 14, 2022.
- [F3]The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- [F4]The RSUs shall vest as to 25% of the total shares on November 15, 2022, with an additional 6.25% of the total shares vesting on each subsequent February 15, May 15, August 15, and November 15 thereafter until such time as the RSUs are 100% vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Documents
Issuer
UserTesting, Inc.
CIK 0001557127
Entity typeother
Related Parties
1- filerCIK 0001889129
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 9:46 PM ET
- Size
- 9.3 KB