Arne Wolter - 22 Oct 2021 Form 4 Insider Report for Outbrain Inc. (OB)

Role: Director
Signature: /s/ Arne Wolter
Issuer symbol: OB
Transactions as of: 22 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 13 Apr 2022, 20:33:15 UTC
Previous filing: 13 Apr 2022
Next filing: 07 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OB	Common Stock	Options Exercise		+1,042			1,042	22 Oct 2021	Direct	F1
transaction	OB	Common Stock	Options Exercise		+1,041	+100%		2,083	22 Jan 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OB	Restricted Stock Units	Options Exercise	$0	-1,042	-8.3%	$0.000000	11,458	22 Oct 2021	Common Stock	1,042		Direct	F1, F3
transaction	OB	Restricted Stock Units	Options Exercise	$0	-1,041	-9.1%	$0.000000	10,417	22 Jan 2022	Common Stock	1,041		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into shares of common stock on a one-for-one basis.
F2	The reporting person is no longer reporting indirect beneficial ownership of 3,603,179 shares of Common Stock held by Gruner + Jahr GmbH ("G + J") because he no longer serves as an executive officer of, or is otherwise affiliated with, G+J.
F3	On July 27, 2021, the reporting person was granted an award of 12,500 RSUs which are scheduled to vest ratably on a quarterly basis over a three-year period.