Teads Holding Co. — Director's Dealing 2021

Jul 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Outbrain Inc. (OB)
CIK: 0001454938
Period of Report: 2021-07-27

Reporting Person: Dovrat Shlomo (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-27	Common Stock	C	6345789	$0.00	Acquired	6345789	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-27	Series B Preferred Stock	$	C	4284047	Disposed		Common Stock (4284047)	Indirect
2021-07-27	Series C Preferred Stock	$	C	1049474	Disposed		Common Stock (1049474)	Indirect
2021-07-27	Series D Preferred Stock	$	C	478964	Disposed		Common Stock (478964)	Indirect
2021-07-27	Series F Preferred Stock	$	C	175396	Disposed		Common Stock (200000)	Indirect
2021-07-27	Series G Preferred Stock	$	C	333304	Disposed		Common Stock (333304)	Indirect

Footnotes

F1: The shares are held directly by Viola Ventures III, L.P. ("Viola Ventures"). Viola Ventures GP 3 Ltd. ("Viola") is the general partner of Viola Ventures (together with Viola, the "Viola Entities") and possesses sole voting and dispositive power over these shares.

F2: The reporting person, through his position, relationship and/or affiliation with the Viola Entities, may have shared voting and investment power with respect to the shares beneficially owned by Viola Ventures. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by Viola Ventures. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F3: The shares of Series B, Series C, Series D, Series F and Series G Preferred Stock previously reported by the reporting person converted to Common Stock on July 27, 2021 at the ratio specified in the company's Eleventh Amended and Restated Certificate of Incorporation, which is included as Exhibit 3.3 to the company's Registration Statement on Form S-1, as amended (File No. 333-257525), in connection with the consummation of the company's initial public offering.

F4: Includes 24,604 shares issued pursuant to a preset automatic anti-dilution adjustment set forth in the terms of the Series F Preferred Stock.