Edmond Landon sold KVYO
February 15, 2024 · Form 4 insider transaction
Edmond Landon sold 17,470 shares of Klaviyo, Inc. at $29.71 per share, a transaction worth $519.0K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents 13,305 shares of Series B Common Stock, par value $0.001 per share ("Series B Common Stock"), automatically converted into Series A Common Stock, par value $0.001 per share ("Series A Common Stock"), and 17,470 shares of Series A Common Stock subsequently withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs").; Consists of (i) 12,757 shares of Series A Common Stock and (ii) 165,000 unvested 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.