Filing Details

Accession Number:
0001209191-22-057763
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-17 21:43:56
Reporting Period:
2022-11-15
Accepted Time:
2022-11-17 21:43:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1557127 Usertesting Inc. USER Services-Prepackaged Software (7372) 260339214
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1887984 Michelle Huff 144 Townsend Street
San Francisco CA 94107
Chief Marketing Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-11-15 40,000 $0.00 135,000 No 4 M Direct
Common Stock Disposition 2022-11-16 10,346 $7.42 124,654 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2022-11-15 40,000 $0.00 40,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
120,000 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
  2. Includes 5,000 shares of Common Stock acquired under the Issuer's employee stock purchase plan on May 17, 2022 and November 14, 2022.
  3. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
  4. The RSUs shall vest as to 25% of the total shares on November 15, 2022, with an additional 6.25% of the total shares vesting on each subsequent February 15, May 15, August 15, and November 15 thereafter until such time as the RSUs are 100% vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.