Teads Holding Co. — Director's Dealing 2024

Jun 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Outbrain Inc. (OB)
CIK: 0001454938
Period of Report: 2024-06-04

Reporting Person: Kostman David (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-04	Common Stock	A	200000	—	Acquired	695767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-04	Performance Stock Units	$	A	400000	Acquired	2034-06-04	Common Stock (400000)	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 the target amount of Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Issuer's 2021 Long-Term Incentive Plan. Each PSU represents a 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. Subject to achievement of above-target stock price goals, the reporting person is eligible to earn up to 200% of the target amount of PSUs reported here.