SEC Form 4 · accession 0001595974-17-000014
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian W Copple
Officer — General Counsel and Secretary
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 9:48 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 StockF1,F2 | Mar 15, 2017 | A | 36,400 | $0.00 | A | 167,500 | I | Through the Copple family trust |
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)F2,F3 | $6.06 | Mar 15, 2017 | A | 31,200 | A | — | Mar 15, 2027 | Common Stock | 31,200 | 31,200 | I |
Explanation of responses
- F1Represents restricted stock units that vest as follows: 11,375 on May 15, 2018, 4,550 on each November 15 and May 15 thereafter until November 15, 2020, and 2,275 on May 15, 2021.
- F2Granted as compensation for services.
- F325% of the stock options will vest on February 1, 2018 and the remaining option shares will become exercisable in 36 equal installments each calendar month thereafter.