Filing Details

Accession Number:
0001835830-24-000028
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-03 18:17:37
Reporting Period:
2024-04-02
Accepted Time:
2024-04-03 18:17:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1835830 Klaviyo Inc. KVYO Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1991399 Landon Edmond C/O Klaviyo, Inc. 125 Summer Street
6Th Floor
Boston MA 02110
Chief Legal 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
Series A Common Stock Acquisiton 2024-04-02 23,216 $0.00 199,285 No 4 C Direct
Series A Common Stock Disposition 2024-04-02 28,613 $24.94 170,672 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Series A Common Stock Series B Common Stock Disposition 2024-04-02 23,216 $0.00 23,216 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
321,919 No 4 C Direct
Footnotes
  1. Each share of Series B Common Stock, par value $0.001 per share ("Series B Common Stock"), is convertible at any time at the option of the holder into one share of Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), of the Issuer, and will automatically convert into Series A Common Stock upon the occurrence of certain events as set forth in the Issuer's certificate of incorporation. The Series B Common Stock has no expiration date.
  2. These sales were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2023.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.45 to $25.18. 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.
  4. Consists of (i) 5,672 shares of Series A Common Stock and (ii) 165,000 unvested restricted stock units ("RSUs") awarded under the 2023 Stock Incentive Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.
  5. Consists of (i) 125,768 shares of Series B Common Stock and (ii) 196,151 unvested RSUs awarded under the 2015 Stock Incentive Plan, each representing the contingent right to receive one share of Series B Common Stock upon vesting and settlement.