Lior Golan - Jan 4, 2024 Form 4 Insider Report for Taboola.com Ltd. (TBLA)

Signature
/s/ John Ferrantino, Attorney-in-fact
Stock symbol
TBLA
Transactions as of
Jan 4, 2024
Transactions value $
-$3,084
Form type
4
Date filed
1/5/2024, 04:30 PM
Previous filing
Jan 4, 2024
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBLA Ordinary Shares Options Exercise $888 +976 +0.04% $0.91 2.55M Jan 4, 2024 Direct
transaction TBLA Ordinary Shares Sale -$3.97K -976 -0.04% $4.07 2.55M Jan 4, 2024 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 Share Option (Right to Buy) Options Exercise $0 -976 -0.29% $0.00 334K Jan 4, 2024 Ordinary Shares 976 $0.91 Direct F5
* 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 $4.04 to $4.12 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 Includes 1,835,402 ordinary shares.
F4 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.
F5 Immediately exercisable.