SEC Form 4 · accession 0001595974-19-000020
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Addante
Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 6:25 pm EST
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 StockF2 | Feb 15, 2019 | S | 12,500 | $4.83 | D | 1,490,162 | D | |
| Common StockF4,F5 | Feb 15, 2019 | A | 8,537 | $0.00 | A | 1,498,699 | D | |
| Common Stock | holding | — | — | — | 1,250 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $4.92, inclusive. The reporting person undertakes to provide The Rubicon Project, Inc., any security holder of The Rubicon Project, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) this Form 4.
- F3On December 28, 2018, the reporting person became a "non-employee director" for purposes of The Rubicon Project, Inc. Non-Employee Director Compensation Program. The grant represents his pro-rata annual award for 2018.
- F4Represents restricted stock units that vest in full on the earliest of (i) May 15, 2019, (ii) the date of the 2019 annual meeting of the Issuer's stockholders, or (iii) a change of control of the Issuer.
- F5Granted as compensation for services.