Kristy Sundjaja - Apr 1, 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role
Chief People Officer
Signature
/s/ John Ferrantino, Attorney-in-fact
Stock symbol
TBLA
Transactions as of
Apr 1, 2023
Transactions value $
-$4,090
Form type
4
Date filed
4/4/2023, 04:20 PM
Previous filing
Mar 2, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBLA Ordinary Shares Options Exercise $26.2K +12.7K +1.92% $2.07 671K Apr 1, 2023 Direct
transaction TBLA Ordinary Shares Tax liability -$30.3K -11.1K -1.66% $2.72 660K Apr 1, 2023 Direct F1, F2, F3, F4, F5

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 TBLA Restricted Share Unit Options Exercise $0 -12.7K -33.34% $0.00 25.3K Apr 1, 2023 Ordinary Shares 12.7K $2.07 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld to satisfy tax withholding and exercise price obligations in connection with the vesting of previously awarded Restricted Share Units ("RSUs"). No shares were sold.
F2 Includes 116,786 ordinary shares.
F3 Includes 5,234 RSUs which shall vest in May 2023, subject to the Reporting Person's provision of service to the Issuer on the vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
F4 Includes 207,056 RSUs which shall vest in equal quarterly installments through 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
F5 Include 330,950 RSUs which shall vest in equal quarterly installments through 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each RSU represents the right to receive one ordinary share upon vesting and settlement.
F6 The reported RSUs include the indicated exercise price at the time of grant.
F7 The RSUs shall vest in equal quarterly installments through 2023, subject to the Reporting Person's provision of service to the Issuer on each vesting date and the closing share price of the Issuer's ordinary shares the day before vesting exceeding the exercise price. The RSUs will be forfeited if the closing share price of the Issuer's ordinary shares the day before vesting does not exceed the exercise price.