Adam Singolda - Jul 27, 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role
Founder and CEO, Director
Signature
/s/ John Ferrantino, Attorney-in-fact
Stock symbol
TBLA
Transactions as of
Jul 27, 2023
Transactions value $
$845,122
Form type
4
Date filed
7/27/2023, 04:32 PM
Previous filing
Jul 3, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBLA Ordinary Shares Options Exercise $845K +929K +7.11% $0.91 14M Jul 27, 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 Share Option (Right to Buy) Options Exercise $0 -929K -100% $0.00* 0 Jul 27, 2023 Ordinary Shares 929K $0.91 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Singolda elected to pay approximately $1.6 million in cash to cover the exercise price and tax liability for the reported exercise. As a result, no shares were withheld.
F2 Includes 11,246,908 ordinary shares.
F3 Includes 412,405 vested RSUs. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur in September 2023. The settlement is 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 898,269 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 Includes 1,439,635 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 Immediately exercisable.