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

Role: Director
Signature: /s/ Arne Wolter
Stock symbol: OB
Transactions as of: Oct 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 4/13/2022, 08:33 PM
Previous filing: Apr 13, 2022
Next filing: Jun 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OB	Common Stock	Options Exercise		+1.04K			1.04K	Oct 22, 2021	Direct	F1
transaction	OB	Common Stock	Options Exercise		+1.04K	+99.9%		2.08K	Jan 22, 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	-1.04K	-8.34%	$0.00	11.5K	Oct 22, 2021	Common Stock	1.04K		Direct	F1, F3
transaction	OB	Restricted Stock Units	Options Exercise	$0	-1.04K	-9.09%	$0.00	10.4K	Jan 22, 2022	Common Stock	1.04K		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.