SEC Form 4 · accession 0001209191-15-034102
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Addante
Officer — See remarks · Director
Period of report
Apr 13, 2015
Accepted (ET)
Apr 14, 2015 · 6:53 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 StockF2,F4 | Apr 13, 2015 | S | 32,999 | $16.78 | D | 2,652,238 | D | |
| Common StockF3,F4 | Apr 14, 2015 | S | 6,000 | $16.78 | D | 2,646,238 | D | |
| Common Stock | holding | — | — | — | 1,250 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.59 to $17.27, inclusive. The reporting person undertakes to provide to 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 (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.20 to $16.96, inclusive.
- F4Excludes 100,000 shares of unvested performance-based restricted stock, which vest based upon the Issuer's total stockholder return compared to an index.
Remarks
Chief Executive Officer, Chief Product Architect and Chairman of the Board