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.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Disposed to Issuer
Additional SEC filing notes
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.
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.