Lior Golan - 19 Dec 2023 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Role
Chief Technology Officer
Signature
/s/ John Ferrantino, Attorney-in-fact
Issuer symbol
TBLA
Transactions as of
19 Dec 2023
Net transactions value
-$152,734
Form type
4
Filing time
21 Dec 2023, 16:33:13 UTC
Previous filing
18 Dec 2023
Next filing
26 Dec 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 $27,300 +30,000 +1.2% $0.9100 2,575,291 19 Dec 2023 Direct
transaction TBLA Ordinary Shares Sale $115,500 -30,000 -1.2% $3.85 2,545,291 19 Dec 2023 Direct F1, F2
transaction TBLA Ordinary Shares Options Exercise $19,446 +21,369 +0.84% $0.9100 2,566,660 20 Dec 2023 Direct
transaction TBLA Ordinary Shares Sale $83,980 -21,369 -0.83% $3.93 2,545,291 20 Dec 2023 Direct F1, 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 -30,000 -4.8% $0.000000 596,088 19 Dec 2023 Ordinary Shares 30,000 $0.9100 Direct F6
transaction TBLA Share Option (Right to Buy) Options Exercise $0 -21,369 -3.6% $0.000000 574,719 20 Dec 2023 Ordinary Shares 21,369 $0.9100 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $3.85 to $3.88. 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 This transaction was executed in multiple trades at prices ranging from $3.85 to $3.99. 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.
F4 Includes 1,835,402 ordinary shares.
F5 Includes 709,889 Restricted Share Units ("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.