Jeffrey B. Coyne - 15 Nov 2023 Form 4 Insider Report for MediaAlpha, Inc. (MAX)

Role
GENERAL COUNSEL AND SECRETARY
Signature
/s/ Jeffrey B. Coyne
Issuer symbol
MAX
Transactions as of
15 Nov 2023
Net transactions value
-$52,389
Form type
4
Filing time
16 Nov 2023, 19:58:01 UTC
Previous filing
17 May 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAX Class A Common Stock Options Exercise $0 +1,366 +0.91% $0.000000 150,889 15 Nov 2023 Direct F1
transaction MAX Class A Common Stock Tax liability $4,522 -473 -0.31% $9.56 150,416 15 Nov 2023 Direct F2
transaction MAX Class A Common Stock Options Exercise $0 +509 +0.34% $0.000000 150,925 15 Nov 2023 Direct F1
transaction MAX Class A Common Stock Tax liability $1,692 -177 -0.12% $9.56 150,748 15 Nov 2023 Direct F2
transaction MAX Class A Common Stock Options Exercise $0 +6,544 +4.3% $0.000000 157,292 15 Nov 2023 Direct F1
transaction MAX Class A Common Stock Tax liability $21,634 -2,263 -1.4% $9.56 155,029 15 Nov 2023 Direct F2
transaction MAX Class A Common Stock Tax liability $24,541 -2,567 -1.7% $9.56 152,462 15 Nov 2023 Direct F3

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 -1,366 -14% $0.000000 8,194 15 Nov 2023 Class A Common Stock 1,366 Direct F4, F5
transaction MAX Restricted Stock Units Options Exercise $0 -509 -12% $0.000000 3,566 15 Nov 2023 Class A Common Stock 509 Direct F6, F7
transaction MAX Restricted Stock Units Options Exercise $0 -6,544 -10% $0.000000 58,894 15 Nov 2023 Class A Common Stock 6,544 Direct F8, F9
* 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 Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of RSUs.
F3 Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of restricted stock units previously reported in Table I as Class A Common Stock.
F4 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted May 5, 2021.
F5 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.
F6 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted August 15, 2021.
F7 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.
F8 Represents grant of RSUs under the Issuer's Omnibus Equity Incentive Plan granted March 15, 2022.
F9 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.