SEC Form 4 · accession 0001595974-17-000037
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Spillane
Director
Period of report
May 23, 2017
Accepted (ET)
May 25, 2017 · 8:30 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 | May 23, 2017 | A | 7,292 | $0.00 | A | 39,632 | 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)F2,F3 | $5.17 | May 23, 2017 | A | 10,363 | A | — | May 23, 2027 | Common Stock | 10,363 | 10,363 | D |
Explanation of responses
- F1Represents restricted stock units that vest in full on the earliest of (i) May 23, 2018, (ii) the date of the next Annual Meeting of the Issuer's stockholders, or (iii) a change of control of the Issuer.
- F2Granted as compensation for services.
- F3The stock options vest in full on the earliest of (i) May 23, 2018, (ii) the date of the next Annual Meeting of the Issuer's stockholders, or (iii) a change of control of the Issuer.