SEC Form 4 · accession 0000899243-16-015724

MAGNITE, INC. · MGNI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President · Director

Period of report

Mar 8, 2016

Accepted (ET)

Mar 10, 2016 · 7:01 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001595974

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Mar 8, 2016	M	165,769	$7.80	A	668,135	D
Common Stock^F1	Mar 8, 2016	S	165,769	$17.03	D	502,366	D
Common Stock	Mar 9, 2016	M	34,231	$7.80	A	536,597	D
Common Stock^F2	Mar 9, 2016	S	34,231	$17.24	D	502,366	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F4,F3	$7.80	Mar 8, 2016	M	165,769	D	—	Feb 1, 2023	Common stock	165,769	619,931	D
Stock Option (right to buy)^F4,F3	$7.80	Mar 9, 2016	M	34,321	D	—	Feb 1, 2023	Common stock	34,231	585,700	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.60, inclusive. The reporting person undertakes to provide The Rubicon Project, Inc., any security holder of The Rubicon Project, Inc., 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 ranges set forth in footnotes (1) and (2) to this Form 4.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.15 to $17.38, inclusive.
F3The option, representing a right to purchase a total of 785,700 shares, became exercisable with respect to 25% of the grant on January 28, 2014 and becomes exercisable with respect to the remainder in 36 equal installments each calendar month thereafter.
F4Granted as compensation for services.