MICHAEL A. DIPIANO - 13 Feb 2025 Form 4 Insider Report for Innovid Corp.

Role
Director
Signature
By: Michael DiPiano
Issuer symbol
N/A
Transactions as of
13 Feb 2025
Net transactions value
$0
Form type
4
Filing time
13 Feb 2025, 20:42:05 UTC
Previous filing
11 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTV Common Stock Disposed to Issuer -362,646 -100% 0 13 Feb 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

MICHAEL A. DIPIANO is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 84,951 unvested restricted stock units previously granted to the Reporting Person pursuant to the Innovid Corp. 2021 Omnibus Incentive Plan, each of which represents the right to receive one share of common stock, par value $0.0001 per share (the "Common Stock") of Innovid Corp. (the "Issuer").
F2 Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") among Mediaocean LLC, Ignite Merger Sub, Inc. and the Issuer dated November 21, 2024, all shares of Common Stock and all unvested restricted stock units held by the Reporting Person were canceled as of the Effective Time (as defined in the Merger Agreement) and converted into the right to receive a lump sum cash payment equal to $3.15 per share of Common Stock or restricted stock unit, as applicable.