Christopher Francia - Jun 23, 2021 Form 4 Insider Report for Kubient, Inc. (KBNT)

Role
Former Chief Product Officer
Signature
/s/ Christopher Francia
Stock symbol
KBNT
Transactions as of
Jun 23, 2021
Transactions value $
-$6,903
Form type
4
Date filed
6/29/2021, 04:28 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBNT Common Stock Options Exercise $8.36K +2.82K +3.34% $2.97 87.2K Jun 23, 2021 Direct
transaction KBNT Common Stock Sale -$12.5K -2.31K -2.64% $5.43* 84.9K Jun 23, 2021 Direct
transaction KBNT Common Stock Sale -$2.74K -510 -0.6% $5.37* 84.4K Jun 23, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KBNT Employee Stock Option (right to buy) Options Exercise $0 -2.82K -100% $0.00* 0 Jun 23, 2021 Common Stock 2.82K $2.97 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Christopher Francia is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted options to purchase 3,223 shares on May 26, 2017. The options vested in monthly installments over four years, beginning on May 26, 2018, at the rate of 1/4th of the total number of shares on the first anniversary of May 26, 2017 and 1/48th of the total number of shares each month thereafter. The Reporting Person resigned from employment with the Issuer effective March 31, 2021 and, as of such date, only 2,815 of the options originally granted to the Reporting Person were fully vested.