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

Role
Former Chief Product Officer
Signature
/s/ Christopher Francia
Issuer symbol
KBNT on OTC
Transactions as of
23 Jun 2021
Net transactions value
-$6,903
Form type
4
Filing time
29 Jun 2021, 16:28:23 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBNT Common Stock Options Exercise $8,361 +2,815 +3.3% $2.97 87,190 23 Jun 2021 Direct
transaction KBNT Common Stock Sale $12,527 -2,305 -2.6% $5.43* 84,885 23 Jun 2021 Direct
transaction KBNT Common Stock Sale $2,737 -510 -0.6% $5.37* 84,375 23 Jun 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 -2,815 -100% $0.000000* 0 23 Jun 2021 Common Stock 2,815 $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.