SEC Form 4/A · accession 0001209191-15-046301
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Gregory R Raifman
Officer — President · Director
Period of report
May 18, 2015
Accepted (ET)
May 22, 2015 · 5:59 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,F3 | May 18, 2015 | S | 26,064 | $17.21 | D | 246,150 | D |
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 in order to cover the reporting person's tax liability incurred upon the vesting of the reporting person's restricted shares.
- F2This Form 4 amends the Form 4 filed by the reporting person on May 19, 2015 to reflect the sale of an additional 61 shares to cover the reporting person's tax liability incurred upon the vesting of the reporting person's restricted shares. The Issuer's broker made the additional sale on May 21, 2015, with an effective date of May 18, 2015 and at the average price per share reported for the May 18, 2015 sales ($17.21), to correct the broker's error whereby they inadvertently undersold the number of shares required to cover the reporting person's tax liability.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.69 to $17.77, inclusive. These shares were sold in multiple transactions at prices ranging from $17.03 to $17.61, 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 footnote (3) to this Form 4.