FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
TechTarget Inc [ TTGT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/29/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 07/29/2023 | M | 10,000 | A | (1)(2) | 28,213(3) | D | |||
Common Stock | 07/30/2023 | M | 6,000 | A | (1)(2) | 34,213 | D | |||
Common Stock | 07/31/2023 | M | 7,000 | A | (1)(2) | 41,213 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1)(2) | 07/29/2023 | M | 10,000 | (4) | (4) | Common Stock | 10,000 | $0.00 | 20,000 | D | ||||
Restricted Stock Units | (1)(2) | 07/30/2023 | M | 6,000 | (5) | (5) | Common Stock | 6,000 | $0.00 | 6,000 | D | ||||
Restricted Stock Units | (1)(2) | 07/31/2023 | M | 7,000 | (6) | (6) | Common Stock | 7,000 | $0.00 | 0 | D |
Explanation of Responses: |
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of TechTarget, Inc.'s ("TechTarget") Common Stock upon vesting. |
2. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date. |
3. Includes 137 shares of Common Stock purchased pursuant to the TechTarget, Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2022 to May 31, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of TechTarget's Common Stock on May 31, 2023. |
4. This award was granted on July 29, 2022. One-third of the RSUs subject to the award vested on July 29, 2023, and one-third of the RSUs are scheduled to vest on each of July 29, 2024 and July 29, 2025. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche. |
5. This award was granted on July 30, 2021. One-third of the RSUs subject to the award vested on each of July 30, 2022 and July 30, 2023, and one-third of the RSUs are scheduled to vest on July 30, 2024. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche. |
6. This award was granted on July 31, 2020. One-third of the RSUs subject to the award vested on each of July 31, 2021, July 31, 2022, and July 31, 2023. The shares reported represent the vesting of RSUs on July 31, 2023. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche. |
Remarks: |
Charles D. Rennick, Attorney-in-Fact | 07/31/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |