Shlomo Dovrat - Jun 4, 2024 Form 4 Insider Report for Outbrain Inc. (OB)

Signature
/s/ Shlomo Dovrat
Stock symbol
OB
Transactions as of
Jun 4, 2024
Transactions value $
$0
Form type
4
Date filed
6/6/2024, 08:37 PM
Previous filing
Aug 31, 2023
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Award $0 +20K +66.67% $0.00 50K Jun 4, 2024 Direct F1
holding OB Common Stock 6.35M Jun 4, 2024 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 Issuer's 2021 Long-Term Incentive Plan which vest in twelve equal increments over a period of three years, with the first increment vesting on the grant date, and with the remaining increments vesting on September 5, 2024 and each quarterly anniversary thereafter.
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.