SEC Form 4 · accession 0001595974-18-000032
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Prusz
Officer — Global Chief Revenue Officer
Period of report
Mar 15, 2018
Accepted (ET)
Mar 16, 2018 · 9:36 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, 2018 | A | 49,152 | $0.00 | A | 237,941 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F3 | $1.97 | Mar 15, 2018 | A | 42,130 | A | — | Mar 15, 2028 | Common Stock | 42,130 | 42,130 | D |
Explanation of responses
- F1Represents restricted stock units that vest as follows: 15,360 on May 15, 2019, 6,144 on each November 15 and May 15 thereafter until November 15, 2021, and 3,072 on May 15, 2022.
- F2Granted as compensation for services.
- F325% of the stock options will vest on February 1, 2019 and the remaining option shares will become exercisable in 36 equal installments each calendar month thereafter.