Asaf Porat - 07 Mar 2025 Form 4 Insider Report for Outbrain Inc. (OB)

Role: Chief Operating Officer
Signature: /s/ Veronica Gonzalez, as attorney-in-fact
Issuer symbol: OB
Transactions as of: 07 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2025, 19:15:52 UTC
Previous filing: 06 Jun 2024
Next filing: 06 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OB	Common Stock	Options Exercise	$0	+18,000	+3.5%	$0.000000	528,300	07 Mar 2025	Direct	F1

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	Performance Stock Units	Options Exercise	$0	-18,000	-30%	$0.000000	42,000	07 Mar 2025	Common Stock	18,000		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the achievement of one of the market based performance metrics of the Performance Stock Units (PSUs), which were previously reported in Table II at the time of grant. Upon achievement, 7,501 shares of common stock were delivered to the reporting person. The remaining 10,499 units are subject to service based vesting requirements.
F2	Represents Performance Stock Units (PSUs) that have not achieved the market based performance metric as of this date.