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Teads Holding Co. — Director's Dealing 2024
Jun 6, 2024
33864_dirs_2024-06-06_f118ffa7-cf81-4cdd-8fbf-4a354ed9fdc7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Outbrain Inc. (OB)
CIK: 0001454938
Period of Report: 2024-06-04
Reporting Person: Porat Asaf (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-04 | Common Stock | A | 140000 | — | Acquired | 510300 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-04 | Performance Stock Units | $ | A | 60000 | Acquired | 2034-06-04 | Common Stock (60000) | Direct |
Footnotes
F1: Restricted stock units granted pursuant to the Issuer's 2021 Long-Term Incentive Plan which vest in increments over a period of four years as follows: one-eighth of such awards shall vest on the grant date, and one-sixteenth of such awards shall vest on September 5, 2024 and each quarterly anniversary thereafter.
F2: Represents Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Issuer's 2021 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of common stock subject to achievement of both service-based and performance-based vesting conditions, with the performance-based condition based on the achievement by the Issuer of pre-established stock price targets, over a three-year performance period ending on December 31, 2026.