Key facts
- This page summarizes David Buonasera's Form 4 filing for MAGNITE, INC. (MGNI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Mar 2023, 15:30.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Footnote F1
Represents restricted stock units that vest as follows: 13,671 on May 15, 2024, 2,930 on each August 15, November 15, February 15 and May 15 thereafter until February 15, 2027 and 972 on May 15, 2027, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.
Footnote F2
Equity grant under the Company's 2014 Equity Incentive Plan.
Footnote F3
Each performance stock unit ("PSU") represents a contingent right to receive on vesting one share of the Issuer's common stock.
Footnote F4
Vesting of the PSU will be determined based on the Issuer's total stockholder return ("TSR") for the three-year period commencing January 1, 2023 relative to the TSRs of the companies in the Russell 2000 index, over that period. The number of PSUs reported in column 5 reflects the target number of PSUs subject to the award. The award is eligible to vest as to 0% to 150% of the target number of PSUs.