Filing Details

Accession Number:
0001104659-17-008426
Form Type:
13G Filing
Publication Date:
2017-02-13 11:08:39
Filed By:
Trigran Investments
Company:
Techtarget Holdings Inc. (NASDAQ:TTGT)
Filing Date:
2017-02-13
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Trigran Investments, Inc 0 2,628,231 0 2,628,231 2,628,231 Approximately 9.5%
Douglas Granat 0 2,628,231 0 2,628,231 2,628,231 Approximately 9.5%
Lawrence A. Oberman 0 2,628,231 0 2,628,231 2,628,231 Approximately 9.5%
Steven G. Simon 0 2,628,231 0 2,628,231 2,628,231 Approximately 9.5%
Bradley F. Simon 0 2,628,231 0 2,628,231 2,628,231 Approximately 9.5%
Filing

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

(Rule 13d-102)

 

Information Statement Pursuant to Rules 13d-1

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

TechTarget, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

87874R100

(CUSIP Number)

December 31, 2016

Date of Event Which Requires Filing of the Statement

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x

Rule 13d-1(b)

o

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 87874R100

13G

Page 2 of 10

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Trigran Investments, Inc.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Illinois company

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
2,628,231 shares of common stock

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
2,628,231 shares of common stock

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,628,231 shares of common stock

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 9.5% as of December 31, 2016 (based on 27,816,711 shares of common stock issued and outstanding per TechTarget, Inc. Form 10-Q dated November 9, 2016).

 

 

12.

Type of Reporting Person
IA/CO

 


 

CUSIP No. 87874R100

13G

Page 3 of 10

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Douglas Granat

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S. Citizen

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
2,628,231 shares of common stock

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
2,628,231 shares of common stock

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,628,231 shares of common stock

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 9.5% as of December 31, 2016 (based on 27,816,711 shares of common stock issued and outstanding per TechTarget, Inc. Form 10-Q dated November 9, 2016).

 

 

12.

Type of Reporting Person
IN/HC

 


 

CUSIP No. 87874R100

13G

Page 4 of 10

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lawrence A. Oberman

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S. Citizen

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
2,628,231 shares of common stock

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
2,628,231 shares of common stock

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,628,231 shares of common stock

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 9.5% as of December 31, 2016 (based on 27,816,711 shares of common stock issued and outstanding per TechTarget, Inc. Form 10-Q dated November 9, 2016).

 

 

12.

Type of Reporting Person
IN/HC

 


 

CUSIP No. 87874R100

13G

Page 5 of 10

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Steven G. Simon

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S. Citizen

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
2,628,231 shares of common stock

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
2,628,231 shares of common stock

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,628,231 shares of common stock

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 9.5% as of December 31, 2016 (based on 27,816,711 shares of common stock issued and outstanding per TechTarget, Inc. Form 10-Q dated November 9, 2016).

 

 

12.

Type of Reporting Person
IN/HC

 


 

CUSIP No. 87874R100

13G

Page 6 of 10

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Bradley F. Simon

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S. Citizen

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
2,628,231 shares of common stock

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
2,628,231 shares of common stock

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,628,231 shares of common stock

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 9.5% as of December 31, 2016 (based on 27,816,711 shares of common stock issued and outstanding per TechTarget, Inc. Form 10-Q dated November 9, 2016).

 

 

12.

Type of Reporting Person
IN/HC

 


 

CUSIP No.  87874R100

13G

Page 7 of 10

 

Item 1(a)

 

Name of Issuer:
TechTarget, Inc.

Item 1(b)

 

Address of Issuers Principal Executive Offices:

275 Grove Street

Newton, Massachusetts 02466

 

Item 2(a)

 

Name of Person Filing

Item 2(b)

 

Address of Principal Business Office

Item 2(c)

 

Citizenship

 

Trigran Investments, Inc.

630 Dundee Road, Suite 230

Northbrook, IL 60062

Illinois company

 

Douglas Granat

630 Dundee Road, Suite 230

Northbrook, IL 60062

U.S. Citizen

 

Lawrence A. Oberman

630 Dundee Road, Suite 230

Northbrook, IL 60062

U.S. Citizen

 

Steven G. Simon

630 Dundee Road, Suite 230

Northbrook, IL 60062

U.S. Citizen

 

Bradley F. Simon

630 Dundee Road, Suite 230

Northbrook, Illinois 60062

U.S. Citizen

         2(d)

 

Title of Class of Securities:

Common Stock, $0.001 par value

         2(e)

 

CUSIP Number:

87874R100

 

Item 3

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Exchange Act;

 

(b)

o

Bank as defined in section 3(a)(6) of the Exchange Act;

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Exchange Act;

 

(d)

o

Investment company registered under section 8 of the Investment Company Act;

 

(e)

x

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

(g)

x

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act;

 

(j)

o

A non-U.S. institution in accordance with Rule 13d1(b)(1)(ii)(J);

 

(k)

o

Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:

 

If this statement is filed pursuant to Rule 13d-1(c), check this box. o

 


 

CUSIP No.  87874R100

13G

Page 8 of 10

 

Item 4

Ownership:(1)

 

(a)

Amount beneficially owned:   

Incorporated by reference to Item 9 of the cover page pertaining to each reporting person.

 

(b)

Percent of class:   

Incorporated by reference to Item 11 of the cover page pertaining to each reporting person.

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Sole power to vote or to direct the vote:   

Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.

 

 

(ii)

Shared power to vote or to direct the vote:    

Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.

 


(1)  Douglas Granat, Lawrence A. Oberman, Steven G. Simon and Bradley F. Simon are the controlling shareholders and/or sole directors of Trigran Investments, Inc. and thus may be considered the beneficial owners of shares beneficially owned by Trigran Investments, Inc.

 

Item 5

Ownership of Five Percent or Less of a Class:

Not Applicable.

 

Item 6

Ownership of More than Five Percent on Behalf of Another Person:

Owners of accounts managed by Trigran Investments, Inc. have or may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities held in their accounts.  No such account has such power with respect to more than five percent of the class of securities to which this Schedule 13G relates.

 

Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

Not Applicable.

 

Item 8

Identification and Classification of Members of the Group:

Not Applicable.

 

Item 9

Notice of Dissolution of Group:

Not Applicable.

 


 

CUSIP No.  87874R100

13G

Page 9 of 10

 

Item 10

Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated this 13th day of February, 2017

 

TRIGRAN INVESTMENTS, INC.

 

 

 

By:

s/ Lawrence A. Oberman

 

Name:

Lawrence A. Oberman

 

Title:

Executive Vice President and Director

 

 

 

 

 

s/ Douglas Granat

 

Douglas Granat

 

 

 

 

 

s/ Lawrence A. Oberman

 

Lawrence A. Oberman

 

 

 

 

 

s/ Steven G. Simon

 

Steven G. Simon

 

 

 

 

 

/s/ Bradley F. Simon

 

Bradley F. Simon

 

 


 

CUSIP No. 87874R100

13G

Page 10 of 10

 

INDEX TO EXHIBITS

 

PAGE

 

 

 

EXHIBIT 1:  Agreement to Make a Joint Filing

 

1