Chaves Allen 4
4 · Klaviyo, Inc. · Filed Aug 16, 2024
Insider Transaction Report
Form 4
Klaviyo, Inc.KVYO
Chaves Allen
Chief Technology Officer
Transactions
- Conversion
Series B Common Stock
2024-08-15−13,161→ 226,314 total→ Series A Common Stock (13,161 underlying) - Conversion
Series A Common Stock
2024-08-15+13,161→ 13,161 total - Tax Payment
Series A Common Stock
2024-08-15$31.83/sh−13,161$418,915→ 0 total
Footnotes (4)
- [F1]Represents 13,161 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 shares 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]Consists of (i) 145,470 shares of Series B Common Stock and (ii) 80,844 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.