Filing Details
- Accession Number:
- 0001209191-21-025165
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-05 16:39:21
- Reporting Period:
- 2021-04-01
- Accepted Time:
- 2021-04-05 16:39:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1595974 | Magnite Inc. | MGNI | Services-Computer Programming, Data Processing, Etc. (7370) | 208881738 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1700262 | Seitz Katie Evans | C/O Magnite, Inc. 12181 Bluff Creek Drive, 4Th Floor Playa Vista CA 90094 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-04-01 | 23,820 | $0.00 | 515,395 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2021-04-01 | 40,238 | $43.36 | 475,157 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-04-01 | 55,363 | $44.11 | 419,794 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2021-04-01 | 17,726 | $0.00 | 17,726 | $42.80 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 17,726 | 2031-04-01 | No | 4 | A | Direct |
Footnotes
- Represents restricted stock units that vest as follows: 6,451 on May 15, 2022, 1,489 on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 990 on May 15, 2025, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.
- Equity grant under the Company's 2014 Equity Incentive Plan.
- These sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 1, 2021.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.75 to $43.70, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.773 to $44.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- 25% of the total number of shares underlying this option will vest on April 1, 2022 and the remaining shares vest 1/36 per month over the next 36 months thereafter, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.
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