4//SEC Filing
Accel Growth Fund III Associates L.L.C. 4
Accession 0001628280-21-024005
CIK 0001557127other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 5:56 PM ET
Size
57.1 KB
Accession
0001628280-21-024005
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2021-11-19+17,679,037→ 17,679,037 total(indirect: By Accel Growth Fund III LP) - Conversion
Common Stock
2021-11-19+2,585,433→ 22,740,395 total(indirect: By Accel Growth Fund III LP) - Conversion
Common Stock
2021-11-19+834,640→ 834,640 total(indirect: By Accel Growth Fund III Strategic Partners LP) - Conversion
Common Stock
2021-11-19+1,171,254→ 1,171,254 total(indirect: By LLC) - Conversion
Series D Convertible Preferred Stock
2021-11-19−2,475,925→ 0 total(indirect: By Accel Growth Fund III LP)→ Common Stock (2,475,925 underlying) - Conversion
Series E Convertible Preferred Stock
2021-11-19−2,585,433→ 0 total(indirect: By Accel Growth Fund III LP)→ Common Stock (2,585,433 underlying) - Conversion
Series E Convertible Preferred Stock
2021-11-19−122,060→ 0 total(indirect: By Accel Growth Fund III Strategic Partners LP)→ Common Stock (122,060 underlying) - Conversion
Series F Convertible Preferred Stock
2021-11-19−188,234→ 0 total(indirect: By Accel Growth Fund III Strategic Partners LP)→ Common Stock (188,234 underlying) - Conversion
Series D Convertible Preferred Stock
2021-11-19−164,028→ 0 total(indirect: By Accel Growth Fund Investors 2014 L.L.C.)→ Common Stock (164,028 underlying) - Conversion
Common Stock
2021-11-19+2,475,925→ 20,154,962 total(indirect: By Accel Growth Fund III LP) - Conversion
Common Stock
2021-11-19+3,987,103→ 26,727,498 total(indirect: By Accel Growth Fund III LP) - Conversion
Common Stock
2021-11-19+164,028→ 1,335,282 total(indirect: By LLC) - Conversion
Common Stock
2021-11-19+171,287→ 1,506,569 total(indirect: By LLC) - Conversion
Series C Convertible Preferred Stock
2021-11-19−17,679,037→ 0 total(indirect: By Accel Growth Fund III LP)→ Common Stock (17,679,037 underlying) - Conversion
Series F Convertible Preferred Stock
2021-11-19−3,987,103→ 0 total(indirect: By Accel Growth Fund III LP)→ Common Stock (3,987,103 underlying) - Conversion
Series D Convertible Preferred Stock
2021-11-19−116,891→ 0 total(indirect: By Accel Growth Fund III Strategic Partners LP)→ Common Stock (116,891 underlying) - Conversion
Series C Convertible Preferred Stock
2021-11-19−1,171,254→ 0 total(indirect: By Accel Growth Fund Investors 2014 L.L.C.)→ Common Stock (1,171,254 underlying) - Conversion
Series F Convertible Preferred Stock
2021-11-19−264,149→ 0 total(indirect: By Accel Growth Fund Investors 2014 L.L.C.)→ Common Stock (264,149 underlying) - Conversion
Common Stock
2021-11-19+116,891→ 951,531 total(indirect: By Accel Growth Fund III Strategic Partners LP) - Conversion
Common Stock
2021-11-19+122,060→ 1,073,591 total(indirect: By Accel Growth Fund III Strategic Partners LP) - Conversion
Common Stock
2021-11-19+188,234→ 1,261,825 total(indirect: By Accel Growth Fund III Strategic Partners LP) - Conversion
Common Stock
2021-11-19+264,149→ 1,770,718 total(indirect: By LLC) - Conversion
Series C Convertible Preferred Stock
2021-11-19−834,640→ 0 total(indirect: By Accel Growth Fund III Strategic Partners LP)→ Common Stock (834,640 underlying) - Conversion
Series E Convertible Preferred Stock
2021-11-19−171,287→ 0 total(indirect: By Accel Growth Fund Investors 2014 L.L.C.)→ Common Stock (171,287 underlying)
Footnotes (4)
- [F1]Each share of the Issuer's Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stockautomatically converted into one (1) share of the Issuer's Common Stock, for no additional consideration, immediately prior to the closing of theIssuer's initial public offering of Common Stock (the "IPO") and had no expiration date.
- [F2]The reported securities are held by the Accel Growth Fund III LP ("Accel III"). Accel Growth Fund III Associates L.L.C. ("Accel GrowthAssociates") is the general partner of Accel III. Accel Growth Associates has sole voting and dispositive power with regard to the securities heldby Accel III. Andrew Braccia, Sameer Gandhi, Ping Li, Tracy Sedlock, Ryan Sweeney and Richard Wong are the managing members of AccelGrowth Associates and therefore may be deemed to also share voting and dispositive power with regard to the securities held by Accel III. Eachof Accel Growth Associates and each such individual disclaims beneficial ownership over the securities held by Accel III except to the extent ofits or such individual's pecuniary interest therein, if any, and this report shall not be deemed an admission that such entity or individual is thebeneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F3]The reported securities are held by the Accel Growth Fund III Strategic Partners LP ("Accel III Partners"). Accel Growth Associates has solevoting and dispositive power with regard to the securities held by Accel III Partners. Andrew Braccia, Sameer Gandhi, Ping Li, Tracy Sedlock,Ryan Sweeney and Richard Wong are the managing members of Accel Growth Associates and therefore may be deemed to also share votingand dispositive power with regard to the securities held by Accel III Partners. Each of Accel Growth Associates and each such individualdisclaims beneficial ownership over the securities held by Accel III Partners except to the extent of its or such individual's pecuniary interesttherein, if any, and this report shall not be deemed an admission that such entity or individual is the beneficial owner of such securities forpurposes of Section 16 or any other purpose.
- [F4]The reported securities are held by Accel Growth Fund Investors 2014 L.L.C. ("Accel 2014"). Andrew Braccia, Sameer Gandhi, Ping Li, TracySedlock, Ryan Sweeney and Richard Wong are the managing members of Accel 2014 and therefore may be deemed to share voting anddispositive power with regard to the securities held by Accel 2014. Each of such individuals disclaims beneficial ownership over the securitiesheld by Accel 2014 except to the extent of such individual's pecuniary interest therein, if any, and this report shall not be deemed an admissionthat such entity or individual is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Documents
Issuer
UserTesting, Inc.
CIK 0001557127
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001601529
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 5:56 PM ET
- Size
- 57.1 KB