Filing Details

Accession Number:
0001209191-22-062662
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-23 17:32:17
Reporting Period:
2022-12-22
Accepted Time:
2022-12-23 17:32:17
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
1887917 Matt Zelen 144 Townsend Street
San Francisco CA 94107
Chief Operating 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 2022-12-22 13,750 $1.06 39,932 No 4 M Direct
Common Stock Disposition 2022-12-22 19,046 $7.50 20,886 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 Employee Stock Option (Right to Buy) Disposition 2022-12-22 13,750 $0.00 13,750 $1.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
708,750 2029-12-23 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.50 to $7.505 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The option vested as to 1/4th of the total shares December 2, 2020 and then 1/48th of the total shares vest monthly thereafter, subject to the Reporting Holder's continued service to the Issuer on each vesting date.