Steven Niemiec Form 4 TechTarget / Steven Niemiec ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Niemiec Steven

(Last) (First) (Middle)

275 GROVE STREET

(Street)

NEWTON MA 02466

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TechTarget Inc [ TTGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Operating Officer & CRO

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2023		M		15,000	A	(1)(2)	15,178(3)	D
Common Stock	07/30/2023		M		12,000	A	(1)(2)	27,178	D
Common Stock	07/31/2023		M		15,000	A	(1)(2)	42,178	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)(2)	07/29/2023		M			15,000	(4)	(4)	Common Stock	15,000	$0.00	30,000	D
Restricted Stock Units	(1)(2)	07/30/2023		M			12,000	(5)	(5)	Common Stock	12,000	$0.00	12,000	D
Restricted Stock Units	(1)(2)	07/31/2023		M			15,000	(6)	(6)	Common Stock	15,000	$0.00	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of TechTarget, Inc.'s ("TechTarget") Common Stock upon vesting.

2. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.

3. Includes 137 shares of Common Stock purchased pursuant to the TechTarget, Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2022 to May 31, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of TechTarget's Common Stock on May 31, 2023.

4. This award was granted on July 29, 2022. One-third of the RSUs subject to the award vested on July 29, 2023, and one-third of the RSUs are scheduled to vest on each of July 29, 2024 and July 29, 2025. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.

5. This award was granted on July 30, 2021. One-third of the RSUs subject to the award vested on each of July 30, 2022 and July 30, 2023, and one-third of the RSUs are scheduled to vest on July 30, 2024. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.

6. This award was granted on July 31, 2020. One-third of the RSUs subject to the award vested on each of July 31, 2021, July 31, 2022, and July 31, 2023. The shares reported represent the vesting of RSUs on July 31, 2023. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.

Remarks:

	Charles D. Rennick, Attorney-in-Fact	07/31/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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