Gilad Shany - 14 Feb 2025 Form 4 Insider Report for Innovid Corp.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Feb 2025, 16:23:15 UTC
Prior SEC filing
13 Aug 2024
Next SEC filing
12 Aug 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Gilad Shany

Key filing fact

Gilad Shany filed Form 4 for Innovid Corp. on 14 Feb 2025.

Key facts

  • This page summarizes Gilad Shany's Form 4 filing for Innovid Corp..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Feb 2025, 16:23.

Change

  • Previous filing in this sequence was filed on 13 Aug 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTV transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-1,367,953
Change %
-100%
Price
Shares after
0
Date
13 Feb 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CTV transaction Derivative

Warrants to purchase Common Stock

Disposed to Issuer

Transaction value
Shares
-996,283
Change %
-100%
Price
Shares after
0
Date
13 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
996,283
Exercise price
$11.50
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Gilad Shany is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Includes 84,951 unvested restricted stock units previously granted to the Reporting Person pursuant to the Innovid Corp. 2021 Omnibus Incentive Plan, each of which represents the right to receive one share of common stock, par value $0.0001 per share (the "Common Stock") of Innovid Corp. (the "Issuer").

Footnote F2

Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") among Mediaocean LLC, Ignite Merger Sub, Inc. and the Issuer dated November 21, 2024, all shares of Common Stock and all unvested restricted stock units held by the Reporting Person were canceled as of the Effective Time (as defined in the Merger Agreement) and converted into the right to receive a lump sum cash payment equal to $3.15 per share of Common Stock or restricted stock unit, as applicable.

Footnote F3

Pursuant to the procedures set forth in the Merger Agreement, each outstanding warrant will, automatically and without any required action on the part of the holder thereof, cease to represent an Issuer warrant in respect of the Issuer's Common Stock and shall become a warrant exercisable for $3.15, with the exception of certain alternate exercise terms as described in the Warrant Agreement, dated as of February 10, 2021, by and between Innovid Corp. (f/k/a ION Acquisition Corp 2 Ltd.), a Delaware corporation and Continental Stock Transfer & Trust Company, a New York limited purpose trust company.

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