Michael G. Barrett - May 15, 2024 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Signature
/s/ Aaron Saltz, attorney-in-fact
Stock symbol
MGNI
Transactions as of
May 15, 2024
Transactions value $
-$778,822
Form type
4
Date filed
5/17/2024, 05:01 PM
Previous filing
Mar 18, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Tax liability -$102K -10.4K -0.85% $9.80 1.22M May 15, 2024 Direct F1
transaction MGNI Common Stock Sale -$677K -75K -6.11% $9.02 1.15M May 15, 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the non-discretionary forfeiture of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.
F2 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2023.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $8.925 to $9.34 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Includes 3,272 shares acquired by the Reporting Person on May 15, 2024 under the Issuer's Employee Stock Purchase Plan.