Elise Garofalo - Dec 28, 2021 Form 4 Insider Report for Outbrain Inc. (OB)

Role
Chief Financial Officer
Signature
/s/ Elise Garofalo
Stock symbol
OB
Transactions as of
Dec 28, 2021
Transactions value $
-$2,372,618
Form type
4
Date filed
12/30/2021, 04:00 PM
Previous filing
Aug 11, 2021
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Tax liability -$2.37M -172K -35.76% $13.82 308K Dec 28, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Company to cover tax obligations arising upon vesting and settlement of restricted stock units under the registrant's 2007 Omnibus Securities and Incentive Plan in a transaction exempt under Rule 16b-3. The remaining (non-withheld) shares remain subject to a contractual lock-up restriction on sale until January 19, 2022.