Shlomo Dovrat - 05 Jun 2023 Form 4 Insider Report for Outbrain Inc. (OB)

Signature
/s/ Shlomo Dovrat
Issuer symbol
OB
Transactions as of
05 Jun 2023
Net transactions value
$0
Form type
4
Filing time
07 Jun 2023, 20:10:07 UTC
Previous filing
05 Jun 2023
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Award $0 +30,000 $0.000000 30,000 05 Jun 2023 Direct F1
holding OB Common Stock 6,345,789 05 Jun 2023 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to the Company's 2021 Long-Term Incentive Plan which vest in twelve equal increments beginning on June 5, 2023 and on each quarterly anniversary thereof.
F2 The shares are held directly by Viola Ventures III, L.P. ("Viola Ventures"). Viola Ventures GP 3 Ltd. ("Viola") is the general partner of Viola Ventures (together with Viola, the "Viola Entities") and possesses sole voting and dispositive power over these shares. The reporting person, through his position, relationship and/or affiliation with the Viola Entities, may have shared voting and investment power with respect to the shares beneficially owned by Viola Ventures. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by Viola Ventures. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.