Filing Details
- Accession Number:
- 0001209191-22-057769
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-17 21:49:32
- Reporting Period:
- 2022-04-04
- Accepted Time:
- 2022-11-17 21:49:32
- 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 |
|---|---|---|---|---|---|---|---|
| 1887993 | Sabrina Mekhalfa | 144 Townsend Street San Francisco CA 94107 | Chief Accounting 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 | 2022-08-15 | 1,653 | $0.00 | 4,858 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-08-16 | 636 | $4.81 | 4,222 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 12,500 | $0.00 | 19,222 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2022-11-15 | 1,654 | $0.00 | 20,876 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-16 | 5,156 | $7.42 | 15,720 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| 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 | Acquisiton | 2022-04-04 | 26,463 | $0.00 | 26,463 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-08-15 | 1,653 | $0.00 | 1,653 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-11-15 | 12,500 | $0.00 | 12,500 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-11-15 | 1,654 | $0.00 | 1,654 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 26,463 | No | 4 | A | Direct | ||
| 24,810 | No | 4 | M | Direct | ||
| 37,500 | No | 4 | M | Direct | ||
| 23,156 | No | 4 | M | Direct |
Footnotes
- 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.
- The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- Includes 2,500 shares of Common Stock acquired under the Issuer's employee stock purchase plan on November 14, 2022.
- The RSUs shall vest quarterly over four years with the first vesting date being August 15, 2022, with the remainder of shares vesting on each subsequent November 15, February 15, May 15, and August 15, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- 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.
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