4//SEC Filing
Edmond Landon 4
Accession 0001835830-25-000058
CIK 0001835830other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 8:47 PM ET
Size
15.1 KB
Accession
0001835830-25-000058
Insider Transaction Report
Form 4
Klaviyo, Inc.KVYO
Edmond Landon
Chief Legal Officer
Transactions
- Conversion
Series A Common Stock
2025-05-15+11,426→ 428,329 total - Tax Payment
Series A Common Stock
2025-05-15$34.90/sh−24,694$861,821→ 403,635 total - Conversion
Series A Common Stock
2025-05-15+11,074→ 414,709 total - Sale
Series A Common Stock
2025-05-16$34.85/sh−9,965$347,280→ 404,744 total - Conversion
Series B Common Stock
2025-05-15−11,426→ 78,574 total→ Series A Common Stock (11,426 underlying) - Conversion
Series B Common Stock
2025-05-15−11,074→ 67,500 total→ Series A Common Stock (11,074 underlying)
Footnotes (7)
- [F1]Represents 11,426 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 August 16, 2024.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.50 to $35.37 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) 99,831 shares of Series A Common Stock and (ii) 304,913 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 67,500 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 0001991399
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 8:47 PM ET
- Size
- 15.1 KB