SEC Form 4/A · accession 0001595974-17-000024
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
Michael G. Barrett
Officer — President and CEO · Director
Period of report
Mar 17, 2017
Accepted (ET)
Apr 26, 2017 · 9:25 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 17, 2017 | A | 1,099,138 | $0.00 | A | 1,099,138 | 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,F4 | $5.80 | Mar 17, 2017 | A | 686,160 | A | — | Mar 17, 2027 | Common Stock | 686,160 | 686,160 | D |
Explanation of responses
- F1Represents restricted stock units that vest as follows: 219,075 on December 21, 2017; 78,608 on May 15, 2018; 137,392 on each November 15 and May 15 thereafter until November 15, 2020; and 114,495 on May 15, 2021.
- F2Granted as compensation for services.
- F3The original Form 4, filed on March 22, 2017, is amended by this Form 4 amendment to correctly reflect the number of stock options granted to the reporting person on March 17, 2017, which were initially reported incorrectly due to a computational error.
- F425% of the stock options will vest on March 17, 2018 and the remaining option shares will become exercisable in 36 equal installments each calendar month thereafter.