4//SEC Filing
Rowland Stephen Eric 4
Accession 0001470831-25-000140
CIK 0001835830other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 8:47 PM ET
Size
15.1 KB
Accession
0001470831-25-000140
Insider Transaction Report
Form 4
Klaviyo, Inc.KVYO
Rowland Stephen Eric
President
Transactions
- Conversion
Series A Common Stock
2025-08-15+22,855→ 458,700 total - Tax Payment
Series A Common Stock
2025-08-15$31.43/sh−34,326$1,078,866→ 424,374 total - Sale
Series A Common Stock
2025-08-18$31.46/sh−7,105$223,523→ 445,726 total - Conversion
Series A Common Stock
2025-08-18+28,457→ 452,831 total - Conversion
Series B Common Stock
2025-08-15−22,855→ 438,953 total→ Series A Common Stock (22,855 underlying) - Conversion
Series B Common Stock
2025-08-18−28,457→ 410,496 total→ Series A Common Stock (28,457 underlying)
Footnotes (7)
- [F1]Represents 22,855 shares of the Issuer's Series B Common Stock, par value $0.001 per share ("Series B Common Stock"), automatically converted into shares of the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), in connection with tax withholding obligations related to the vesting and settlement of restricted stock units ("RSUs").
- [F2]Each share of Series B Common Stock is convertible at any time at the option of the holder into one share of Series A Common Stock and will automatically convert into one share of Series A Common Stock upon the occurrence of certain events as set forth in the Issuer's certificate of incorporation. The Series B Common Stock has no expiration date.
- [F3]Represents shares of Series A Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
- [F4]These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2024.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.20 to $31.77 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]Consists of (i) 136,175 shares of Series A Common Stock and (ii) 309,551 unvested RSUs awarded under the Issuer's 2023 Stock Option and Incentive Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.
- [F7]Consists of 410,496 unvested RSUs awarded under the Issuer's 2015 Stock Incentive Plan, each representing the contingent right to receive one share of Series B Common Stock upon vesting and settlement.
Documents
Issuer
Klaviyo, Inc.
CIK 0001835830
Entity typeother
Related Parties
1- filerCIK 0001639368
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 8:47 PM ET
- Size
- 15.1 KB