Filing Details

Accession Number:
0001209191-12-002041
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-05 16:01:45
Reporting Period:
2012-01-03
Filing Date:
2012-01-05
Accepted Time:
2012-01-05 16:01:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1293282 Techtarget Inc TTGT Services-Business Services, Nec (7389) 043483216
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1399645 Kevin Beam C/O Techtarget, Inc.
275 Grove Street
Newton MA 02466
Executive Vice President 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 2012-01-03 31,250 $0.00 248,168 No 4 M Direct
Common Stock Disposition 2012-01-03 12,500 $6.08 235,668 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 Unit Acquisiton 2012-01-03 31,250 $0.00 31,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
250,000 No 4 M Direct
Footnotes
  1. These shares of common stock vested and were delivered upon the satisfaction of a certain performance condition in a performance-based restricted stock unit.
  2. The reported sale was made automatically pursuant to a trading plan entered into by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
  3. The reported transactions were executed at sales prices ranging from $5.92 to $6.14. The reporting person undertakes to provide, upon request by the SEC staff, TechTarget, Inc. or any security holder of TechTarget, Inc. the full information regarding the number of shares sold at each seperate price.
  4. Each restricted stock unit represented a contingent right to receive one share of TechTarget, Inc.'s common stock. The Reporting Person settled these restricted stock units for common stock.
  5. The total restricted stock unit grant relates to 500,000 shares of common stock, which, as a result of the satisfaction of the performance condition, vested as to 125,000 shares on March 9, 2010, and thereafter vests upon the conclusion of each ninety-one (91) day period following the initial anniversary of the Grant Date in additional six and a quarter percent (6.25%) increments such that on the fourth anniversary of the Grant Date, the RSU grant shall become fully-vested.