4//SEC Filing
Benatar Darrell 4
Accession 0001209191-23-003339
CIK 0001557127other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 6:20 PM ET
Size
11.3 KB
Accession
0001209191-23-003339
Insider Transaction Report
Form 4
Benatar Darrell
Director
Transactions
- Disposition to Issuer
Common Stock
2023-01-12−1,000,000→ 0 total(indirect: See Footnote) - Gift
Common Stock
2023-01-04+1,000,000→ 1,000,000 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2023-01-12−5,176,674→ 0 total(indirect: By Trust) - Gift
Common Stock
2023-01-04−1,000,000→ 5,176,674 total(indirect: By Trust)
Footnotes (4)
- [F1]Represents 1,000,000 shares of the Issuer's Common Stock that the Reporting Person transferred as a gift.
- [F2]These securities are held by the D&L Benatar 2014 Revocable Trust, of which the Reporting Person is the manager and lifetime beneficiary.
- [F3]These securities are held by The Emily Benatar Foundation.
- [F4]On October 26, 2022, UserTesting, Inc., a Delaware corporation (the "Issuer" or the "Company") entered into the Agreement and Plan of Merger (the "Merger Agreement"), with Thunder Holdings, LLC, a Delaware limited liability company ("Parent"), and Thunder Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub merged with and into the Company (such merger and the other transactions contemplated by the Merger Agreement, the "Merger") with the Company surviving the Merger as a wholly owned subsidiary of Parent. Upon the closing (the "Closing") of the Merger on January 12, 2023, each share of the Company's Common Stock, par value $0.0001 per share ("Common Stock"), was cancelled and automatically converted into the right to receive an amount in cash, without interest, equal to $7.50 (the "Merger Consideration"), less any applicable withholding taxes.
Documents
Issuer
UserTesting, Inc.
CIK 0001557127
Entity typeother
Related Parties
1- filerCIK 0001887911
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 6:20 PM ET
- Size
- 11.3 KB