SEC Form 4 · accession 0000899243-16-018247
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Day
Officer — Chief Accounting Officer
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 9:00 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 14, 2016 | M | 19,000 | $7.80 | A | 99,506 | D | |
| Common Stock | Apr 14, 2016 | S | 19,000 | $19.90 | D | 80,506 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F2 | $7.80 | Apr 14, 2016 | M | 19,000 | D | — | Apr 23, 2023 | Common Stock | 19,000 | 141,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The option, representing a right to purchase a total of 175,000 shares, became exercisable with respect to 25% of the grant on March 25, 2014 and becomes exercisable with respect to the remainder in 36 equal installments each calendar month thereafter.
- F3Granted as compensation for services.