Dominique Vidal - Jul 27, 2021 Form 4 Insider Report for Outbrain Inc. (OB)

Role
Director
Signature
/s/ Dominique Vidal
Stock symbol
OB
Transactions as of
Jul 27, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 05:04 PM
Previous filing
Jul 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Conversion of derivative security $0 +2.09M +546.7% $0.00 2.47M Jul 27, 2021 See footnote F1, F2, F3

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 OB Series A Preferred Stock Conversion of derivative security $0 -165K -100% $0.00* 0 Jul 27, 2021 Common Stock 165K See footnote F1, F2, F3
transaction OB Series D Preferred Stock Conversion of derivative security $0 -1.72M -100% $0.00* 0 Jul 27, 2021 Common Stock 1.72M See footnote F1, F2, F3
transaction OB Series F Preferred Stock Conversion of derivative security $0 -175K -100% $0.00* 0 Jul 27, 2021 Common Stock 200K See footnote F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held directly by Index Ventures Growth II (Jersey) L.P. ("Index Jersey"), Index Ventures Growth II Parallel Entrepreneur Fund (Jersey) L.P. ("Index PEF"), Yucca (Jersey) S.L.P. and Yucca Partners LP Jersey Branch (together, "Yucca"). Index Venture Growth Associates II Limited ("Index Associates") is the managing general partner of Index Jersey and Index PEF and may be deemed to have voting and dispositive power over the shares held by Index Jersey and Index PEF. Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment, and Index Associates may be deemed to have voting and dispositive power over the shares held by Yucca.
F2 The reporting person serves as a partner of Index Ventures (UK) LLP which advises Index Jersey and Index PEF but does not have voting, investment or dipositive power with respect to the shares held by these entities. The reporting person therefore disclaims beneficial ownership of these shares.
F3 The shares of Series A, Series D and Series F Preferred Stock previously reported by the reporting person converted to Common Stock on July 27, 2021 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.
F4 Includes 24,604 shares issued pursuant to a preset automatic anti-dilution adjustment set forth in the terms of the Series F Preferred Stock.