David Kostman - 28 Dec 2021 Form 4 Insider Report for Outbrain Inc. (OB)

Role
Co-Chief Executive Officer, Director
Signature
/s/ David Kostman
Issuer symbol
OB
Transactions as of
28 Dec 2021
Net transactions value
-$4,838,990
Form type
4
Filing time
30 Dec 2021, 16:00:24 UTC
Previous filing
09 Aug 2021
Next filing
14 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Tax liability $4,838,990 -350,144 -50% $13.82 356,427 28 Dec 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.