Gilad Shany - Aug 11, 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role
Director
Signature
/s/ John Ferrantino, Attorney-in-fact
Stock symbol
TBLA
Transactions as of
Aug 11, 2023
Transactions value $
$0
Form type
4
Date filed
8/15/2023, 04:31 PM
Previous filing
Jun 8, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBLA Ordinary Shares Award $0 +51.4K +53.95% $0.00 147K Aug 11, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Units ("RSUs") granted to the Reporting Person in connection with their service on the Issuer's Board of Directors. 100% of the RSUs shall vest on July 1, 2024, subject to the Reporting Person's continuous service through the vesting date. The RSUs, subject to vesting, will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur in 2025. 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 vesting and settlement.
F2 Includes 59,211 vested RSUs. The RSUs will not convert to ordinary shares until the satisfaction of an additional time-based settlement condition to occur in 2024. The settlement is not conditioned on the Reporting Person's continuous service through the vesting date. Each RSU represents the right to receive one ordinary share upon settlement.