[Form 4] Klaviyo, Inc. Insider Trading Activity
Insider Trade Summary
Exercise and Sale: 15,000 shares ($475K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Whalen Amanda
Role
Chief Financial Officer
Sold
15,000 shs ($475K)
Approx. gross sale proceeds
$475K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$475K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series B Common Stock | 15,000 | $0.00 | $0.00 |
| Conversion | Series A Common Stock | 15,000 | $0.00 | $0.00 |
| Sale | Series A Common Stock | 14,800 | $31.66 | $469K |
| Sale | Series A Common Stock | 200 | $31.32 | $6K |
Holdings After Transaction:
Series B Common Stock — 449,193 contracts (Direct);
Series A Common Stock — 517,831 shares (Direct)
Footnotes (5)
- F1. These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2024.
- F2. Each share of the Issuer's 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 the Issuer's Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), and will automatically convert into one share of 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.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.33 to $32.32 per share. 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.
- F4. Consists of (i) 34,799 shares of Series A Common Stock and (ii) 483,032 unvested restricted stock units ("RSUs") awarded under the Issuer's 2023 Stock Option and Incentive Plan, each representing the contingent right to receive one share of Series A Common Stock upon vesting and settlement.
- F5. Consists of (i) 189,818 shares of Series B Common Stock and (ii) 259,375 unvested RSUs awarded under the Issuer's 2015 Stock Incentive Plan, each representing the contingent right to receive one share of Series B Common Stock upon vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.