Statement of Changes in Beneficial Ownership (4)
January 13 2022 - 4:53PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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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1. Name and Address of Reporting Person
*
Sanchez Perfecto |
2. Issuer Name and Ticker or Trading Symbol
TechTarget Inc
[
TTGT
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O 275 GROVE STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/11/2022 |
(Street)
NEWTON, MA 02466
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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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)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 1/11/2022 | | A | | 247 (1) | A | $88.32 | 247 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
Stock Option (Right to Buy) | $88.32 | 1/11/2022 | | A | | 2500 | | 1/11/2023 (2) | 1/10/2032 | Common Stock | 2500 | $0.00 | 2500 | D | |
Restricted Stock Units | (3) | 1/11/2022 | | A | | 4200 | | (4) | (4) | Common Stock | 4200 | $0.00 | 4200 | D | |
Explanation of Responses: |
(1) | These shares were issued under the TechTarget, Inc. 2017 Stock Option and Incentive Plan ("2017 Plan") pursuant to an award made in accordance with the 2022 TechTarget, Inc. director compensation program and represent applicable board and committee retainers pro-rated for actual service during 2022. The number of shares was determined by dividing the compensation payable by the closing stock price on January 11, 2022 of the Company's Common Stock as reported by Nasdaq. |
(2) | The stock option was granted in accordance with the 2017 Plan and represents a right to purchase 2,500 shares of the Company's Common Stock. |
(3) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Common Stock upon vesting. |
(4) | These RSUs are scheduled to vest as to one-third of the units on each of January 11, 2023, January 11, 2024, and January 11, 2025. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Sanchez Perfecto C/O 275 GROVE STREET NEWTON, MA 02466 | X |
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Signatures
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Charles D. Rennick, Attorney-in-Fact | | 1/13/2022 |
**Signature of Reporting Person | Date |
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