Arne Wolter - Jul 22, 2021 Form 3 Insider Report for Outbrain Inc. (OB)

Role
Director
Signature
/s/ Arne Wolter
Stock symbol
OB
Transactions as of
Jul 22, 2021
Transactions value $
$0
Form type
3
Date filed
7/22/2021, 05:37 PM
Next filing
Apr 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OB Common Stock 3.6M Jul 22, 2021 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Common Stock are held directly Gruner + Jahr GmbH. The shares of Gruner + Jahr GmbH are held by Bertelsmann SE & Co. KGaA, a privately held Kommanditgesellschaft auf Aktien (KGaA; a partnership limited by shares), and 80.9 percent of the capital shares in Bertelsmann SE & Co. KGaA are held indirectly by foundations (Bertelsmann Stiftung, Reinhard Mohn Stiftung, BVG-Stiftung), and 19.1 percent are held indirectly by the Mohn family. All voting rights at the General Meeting of Bertelsmann SE & Co. KGaA and Bertelsmann Management SE (general partner) are controlled by Bertelsmann Verwaltungsgesellschaft (BVG).
F2 BVG controls 100 percent of the voting rights in the annual general meeting of Bertelsmann SE & Co. KGaA, which it exercises for these purposes, as well as 100 percent of the voting rights in the annual general meeting of Bertelsmann Management SE. Elisabeth Mohn has voting control of Bertelsmann Verwaltungsgesellschaft mbH (a veto right) and therefore exercises voting and dispositive power with respect to such shares.
F3 The reporting person is the former Chief Digital Officer of Gruner + Jahr GmbH, and does not have voting or dispositive power over the shares beneficially owned by Gruner + Jahr GmbH. The reporting person therefore disclaims beneficial ownership of these shares.