Michael G. Barrett - 15 Nov 2022 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Signature
/s/ Aaron Saltz, attorney-in-fact
Issuer symbol
MGNI
Transactions as of
15 Nov 2022
Net transactions value
-$1,204,362
Form type
4
Filing time
17 Nov 2022, 20:00:51 UTC
Previous filing
17 Aug 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Tax liability $335,876 -29,283 -1.9% $11.47 1,505,236 15 Nov 2022 Direct F1
transaction MGNI Common Stock Sale $782,928 -67,786 -4.5% $11.55 1,437,450 15 Nov 2022 Direct F2, F3
transaction MGNI Common Stock Sale $85,558 -7,214 -0.5% $11.86 1,430,236 15 Nov 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the non-discretionary forfeiture of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.
F2 These sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.835 to $11.825, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.835 to $11.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.