Insight Holdings Group, LLC - Nov 19, 2021 Form 4 Insider Report for UserTesting, Inc. (USER)

Role
10%+ Owner
Signature
Insight Holdings Group, LLC, by Andrew Prodromos, its Authorized Signatory, /s/Andrew Prodromos
Stock symbol
USER
Transactions as of
Nov 19, 2021
Transactions value $
$0
Form type
4
Date filed
11/22/2021, 05:04 PM
Previous filing
Nov 18, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USER Common Stock Conversion of derivative security +10.2M 10.2M Nov 19, 2021 See footnote F1, F2, F3
transaction USER Common Stock Conversion of derivative security +1.3M 1.3M Nov 19, 2021 See footnote F1, F2, F4
transaction USER Common Stock Conversion of derivative security +1.21M 1.21M Nov 19, 2021 See footnote F1, F2, F5
transaction USER Common Stock Conversion of derivative security +214K 214K Nov 19, 2021 See footnote F1, F2, F6
transaction USER Common Stock Conversion of derivative security +155K 155K Nov 19, 2021 See footnote F1, F2, F7
transaction USER Common Stock Conversion of derivative security +9.33M 9.33M Nov 19, 2021 See footnote F1, F2, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -10.2M -100% 0 Nov 19, 2021 Common Stock 10.2M See footnote F1, F2, F3
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -1.3M -100% 0 Nov 19, 2021 Common Stock 1.3M See footnote F1, F2, F4
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -1.21M -100% 0 Nov 19, 2021 Common Stock 1.21M See footnote F1, F2, F5
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -214K -100% 0 Nov 19, 2021 Common Stock 214K See footnote F1, F2, F6
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -155K -100% 0 Nov 19, 2021 Common Stock 155K See footnote F1, F2, F7
transaction USER Series F Convertible Preferred Stock Conversion of derivative security -9.33M -100% 0 Nov 19, 2021 Common Stock 9.33M See footnote F1, F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 See Exhibit 99.1
F2 See Exhibit 99.1
F3 See Exhibit 99.1
F4 See Exhibit 99.1
F5 See Exhibit 99.1
F6 See Exhibit 99.1
F7 See Exhibit 99.1
F8 See Exhibit 99.1

Remarks:

Exhibit List Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Signatures Exhibit 99.3 - Joint Filer Information