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MAGNITE, INC. — Director's Dealing 2020
Sep 25, 2020
31335_dirs_2020-09-25_85c7f2cf-e578-4a96-b8e4-f0dfaefc1399.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MAGNITE, INC. (MGNI)
CIK: 0001595974
Period of Report: 2020-09-21
Reporting Person: Evans Katie Seitz (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 520271 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.96 | 2021-02-03 | Common Stock (1442) | Direct | |
| Stock Option (Right to Buy) | $3.96 | 2021-06-08 | Common Stock (1442) | Direct | |
| Stock Option (Right to Buy) | $4.64 | 2022-07-26 | Common Stock (2884) | Direct | |
| Stock Option (Right to Buy) | $4.64 | 2022-07-19 | Common Stock (2884) | Direct | |
| Stock Option (Right to Buy) | $5.46 | 2023-03-05 | Common Stock (7212) | Direct | |
| Stock Option (Right to Buy) | $7.74 | 2023-07-31 | Common Stock (5410) | Direct | |
| Stock Option (Right to Buy) | $3.95 | 2023-12-05 | Common Stock (22971) | Direct | |
| Stock Option (Right to Buy) | $3.61 | 2028-02-27 | Common Stock (56137) | Direct | |
| Stock Option (Right to Buy) | $5.16 | 2029-02-28 | Common Stock (33546) | Direct | |
| Stock Option (Right to Buy) | $5.28 | 2030-04-01 | Common Stock (69470) | Direct |
Footnotes
F1: Includes (i) 33,812 shares underlying Restricted Stock Units ("RSUs") which will vest on February 14, 2021; (ii) 13,871 shares underlying RSUs which will vest in two equal installments on each of February 14, 2021 and February 14, 2022; (iii) 37,569 shares underlying RSUs which will vest in three equal installments on each of February 14, 2021, February 14, 2022 and February 14, 2023; (iv) 92,396 shares that will vest as follows: 25,024 shares on May 15, 2021, 5,775 shares on each August 15, November 15 and February 15 thereafter until February 15, 2024, and 3,847 shares on May 15, 2024; and (v) 102,662 shares that vest in two equal installments on each of April 1, 2021 and April 1, 2022.
F2: Immediately exercisable.
F3: 25% of the total number of shares underlying this option vested on February 14, 2019 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.
F4: 25% of the total number of shares underlying this option vested on February 14, 2020 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.
F5: 25% of the total number of shares underlying this option will vest on April 1, 2021 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.