Yaron Galai - Mar 7, 2024 Form 4 Insider Report for Outbrain Inc. (OB)

Role
Co-Founder and Co-CEO, Director
Signature
/s/ Veronica Gonzalez, as attorney-in-fact
Stock symbol
OB
Transactions as of
Mar 7, 2024
Transactions value $
-$13,721
Form type
4
Date filed
3/8/2024, 06:56 PM
Previous filing
Jan 8, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Tax liability -$13.7K -3.56K -0.1% $3.85 3.58M Mar 7, 2024 Direct F1
holding OB Common Stock 100K Mar 7, 2024 See Footnote 2 F2, F3
* 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 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
F2 Represents shares of the Issuer's common stock held by Galai Investments, LLC. The reporting person is the managing member of and owns a 55% membership interest in Galai Investments, LLC.
F3 Represents shares inadvertently reported as owned directly by the reporting person, when such shares were in fact owned indirectly by the reporting person through Galai Investments, LLC. The reporting person is the managing member of and owns a 55% membership interest in Galai Investments, LLC. This Form 4 reflects the correct allocation between shares directly and indirectly owned.