Kristy Sundjaja - 01 Jul 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role
Chief People Officer
Signature
/s/ John Ferrantino, Attorney-in-fact
Issuer symbol
TBLA
Transactions as of
01 Jul 2023
Net transactions value
-$6,559
Form type
4
Filing time
03 Jul 2023, 16:56:46 UTC
Previous filing
18 May 2023
Next filing
17 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBLA Ordinary Shares Options Exercise $26,202 +12,658 +2% $2.07 651,097 01 Jul 2023 Direct
transaction TBLA Ordinary Shares Tax liability $32,761 -10,534 -1.6% $3.11 640,563 01 Jul 2023 Direct F1, F2, F3, 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 TBLA Restricted Share Unit Options Exercise $0 -12,658 -50% $0.000000 12,662 01 Jul 2023 Ordinary Shares 12,658 $2.07 Direct F5
* 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 140,496 ordinary shares.
F3 Includes 189,801 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.
F4 Includes 310,266 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.
F5 The RSUs shall vest in October 2023, subject to the Reporting Person's provision of service to the Issuer on the 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.