Eldad Maniv - 01 Feb 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role: President and COO
Signature: /s/ John Ferrantino, Attorney-in-fact
Issuer symbol: TBLA
Transactions as of: 01 Feb 2023
Net transaction value: -$3,303,873
Form type: 4
Filing time: 03 Feb 2023, 15:33:40 UTC
Previous filing: 03 Jan 2023
Next filing: 02 Mar 2023
SEC filing: View on sec.gov

Key filing fact

Eldad Maniv filed Form 4 for Taboola.com Ltd. (TBLA) on 03 Feb 2023.

Key facts

This page summarizes Eldad Maniv's Form 4 filing for Taboola.com Ltd. (TBLA).
2 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 03 Feb 2023, 15:33.

Change

Previous filing in this sequence was filed on 03 Jan 2023.
Current net transaction value: -$3,303,873.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

TBLA transaction

Ordinary Shares

Sale

Transaction value: $2,054,076
Shares: -505,930
Change %: -5.6%
Price: $4.06
Shares after: 8,575,378
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1, F2, F3, F4, F5

TBLA transaction

Ordinary Shares

Sale

Transaction value: $1,249,798
Shares: -294,070
Change %: -3.4%
Price: $4.25
Shares after: 8,281,308
Date: 02 Feb 2023
Ownership: Direct
Footnotes: F1, F3, F4, F5, F6, F7

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2022.
F2	This transaction was executed in multiple trades at prices ranging from $4.00 to $4.28. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	Includes 1,727,038 vested Restricted Share Units ("RSUs"). The RSUs will not convert to ordinary shares until the satisfaction of additional time-based settlement conditions to occur in four variable installments during 2023. The settlements are not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the right to receive one ordinary share upon settlement.
F4	Includes 1,437,229 RSUs which vested or shall vest in equal quarterly installments through 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs will not convert to ordinary shares until the satisfaction of additional time-based settlement conditions to occur in variable installments through 2026. The settlements are not conditioned on the Reporting Person's provision of service on settlement date. Each RSU represents the contingent right to receive one ordinary share of the Issuer upon vesting and settlement.
F5	In November 2022, the Reporting Person irrevocably conveyed his rights to direct the transfer of the reported shares or their proceeds, in each case including the shares underlying RSUs and share options, to a trust for which the Reporting Person's spouse is the sole beneficiary. The Reporting Person disclaims beneficial ownership for the purpose of Section 16 of the Securities Exchange Act of 1934 ("Section 16"), except to the extent of his indirect pecuniary interest, if any, and his dispositive power, if any, therein. This report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
F6	This transaction was executed in multiple trades at prices ranging from $4.01 to $4.45. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F7	Includes 5,117,041 ordinary shares.