Jeffrey B. Coyne - Nov 15, 2022 Form 4 Insider Report for MediaAlpha, Inc. (MAX)

Signature
/s/ Jeffrey B. Coyne
Stock symbol
MAX
Transactions as of
Nov 15, 2022
Transactions value $
-$41,685
Form type
4
Date filed
11/17/2022, 05:04 PM
Previous filing
Aug 17, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAX Class A Common Stock Options Exercise $0 +1.37K +9.51% $0.00 15.7K Nov 15, 2022 Direct F1
transaction MAX Class A Common Stock Tax liability -$6.77K -473 -3.01% $14.31 15.3K Nov 15, 2022 Direct F2
transaction MAX Class A Common Stock Options Exercise $0 +6.54K +42.91% $0.00 21.8K Nov 15, 2022 Direct F1
transaction MAX Class A Common Stock Tax liability -$32.4K -2.26K -10.38% $14.31 19.5K Nov 15, 2022 Direct F3
transaction MAX Class A Common Stock Options Exercise $0 +509 +2.61% $0.00 20K Nov 15, 2022 Direct F1
transaction MAX Class A Common Stock Tax liability -$2.53K -177 -0.88% $14.31 19.9K Nov 15, 2022 Direct F4

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 MAX Restricted Stock Units Options Exercise $0 -1.37K -9.09% $0.00 13.7K Nov 15, 2022 Class A Common Stock 1.37K Direct F5, F6
transaction MAX Restricted Stock Units Options Exercise $0 -6.54K -7.14% $0.00 85.1K Nov 15, 2022 Class A Common Stock 6.54K Direct F7, F8
transaction MAX Restricted Stock Units Options Exercise $0 -509 -8.33% $0.00 5.6K Nov 15, 2022 Class A Common Stock 509 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One share of Class A Common Stock was issued upon the vesting of each Restricted Stock Unit ("RSU").
F2 In accordance with the terms of the RSU grant, 473 shares of MediaAlpha, Inc. Class A Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 In accordance with the terms of the RSU grant, 2,263 shares of MediaAlpha, Inc. Class A Common Stock were automatically withheld at vesting to cover required tax withholding.
F4 In accordance with the terms of the RSU grant, 177 shares of MediaAlpha, Inc. Class A Common Stock were automatically withheld at vesting to cover required tax withholding.
F5 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted May 5, 2021.
F6 One quarter of the RSUs vested on May 15, 2022 and the remainder will vest quarterly over the following three years, in each case subject to continued employment with the Issuer through each vesting date.
F7 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted March 15, 2022.
F8 One sixteenth of the RSUs vested on May 15, 2022 and the remainder will vest quarterly over the following four years, in each case subject to continued employment with the Issuer through each vesting date.
F9 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted August 15, 2021.
F10 One quarter of the RSUs vested on August 15, 2022 and the remainder will vest quarterly over the following three years, in each case subject to continued employment with the Issuer through each vesting date.