SEC Form 4 · accession 0001595974-16-000010
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R Raifman
Officer — President · Director
Period of report
May 15, 2016
Accepted (ET)
May 17, 2016 · 9:31 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 | Mar 22, 2016 | G | 105,869 | $0.00 | D | 396,497 | D | |
| Common Stock | Mar 22, 2016 | G | 105,869 | $0.00 | A | 105,869 | I | Through the Raifman Family Revocable Trust |
| Common StockF2 | May 15, 2016 | F | 27,385 | $14.31 | D | 369,112 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 22, 2016, the reporting person transferred 105,869 shares of the issuer's common stock to the Raifman Family Revocable Trust. The assignment was for the direct benefit of the reporting person and his family, for estate planning purposes, and does not change beneficial ownership of the shares.
- F2Shares withheld by the issuer to cover the reporting person's tax liability incurred upon the vesting of the reporting person's restricted shares.