Shlomo Dovrat - 22 Jul 2021 Form 3 Insider Report for Outbrain Inc. (OB)

Role
Director, 10%+ Owner
Signature
/s/ Shlomo Dovrat
Issuer symbol
OB
Transactions as of
22 Jul 2021
Net transactions value
$0
Form type
3
Filing time
22 Jul 2021, 18:33:25 UTC
Next filing
29 Jul 2021
SEC
View on sec.gov

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
holding OB Series B Preferred Stock 22 Jul 2021 Common Stock 4,284,047 See footnote F1, F2, F3
holding OB Series C Preferred Stock 22 Jul 2021 Common Stock 1,049,474 See footnote F1, F2, F3
holding OB Series D Preferred Stock 22 Jul 2021 Common Stock 478,964 See footnote F1, F2, F3
holding OB Series F Preferred Stock 22 Jul 2021 Common Stock 175,396 See footnote F1, F2, F3
holding OB Series G Preferred Stock 22 Jul 2021 Common Stock 333,304 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 These shares of Series B, Series C, Series D, Series F and Series G Preferred Stock will convert to Common Stock at the ratio specified in the company's Eleventh Amended and Restated Certificate of Incorporation, which is included as Exhibit 3.3 to the company's Registration Statement on Form S-1, as amended (File No. 333-257525), in connection with the consummation of the company's initial public offering.
F2 The shares are held directly by Viola Ventures III, L.P. ("Viola Ventures"). Viola Ventures GP 3 Ltd. ("Viola") is the general partner of Viola Ventures (together with Viola, the "Viola Entities") and possess sole voting and dispositive power over these shares.
F3 The reporting person, through his position, relationship and/or affiliation with the Viola Entities, may have shared voting and investment power with respect to the shares beneficially owned by Viola Ventures. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by Viola Ventures. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.