4//SEC Filing
Wang Ambrose 4
Accession 0000899243-20-030236
CIK 0001818383other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 4:42 PM ET
Size
11.7 KB
Accession
0000899243-20-030236
Insider Transaction Report
Form 4
Wang Ambrose
CO-FOUNDER
Transactions
- Award
RESTRICTED STOCK UNITS
2020-10-30+183,777→ 183,777 total→ CLASS A COMMON STOCK (183,777 underlying) - Sale
CLASS B-1 UNITS OF QL HOLDINGS LLC
2020-10-30−599,917→ 169,735 total(indirect: By QuoteLab Holdings, Inc.)→ CLASS A COMMON STOCK (599,917 underlying) - Sale
CLASS B COMMON STOCK
2020-10-30−599,917→ 169,735 total(indirect: By QuoteLab Holdings, Inc.)
Footnotes (7)
- [F1]On October 27, 2020, MediaAlpha, Inc. (the "Issuer"), closed its initial public offering (the "IPO") of its shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock"). A portion of the net proceeds to the Issuer from the sale of shares of Class A common stock in the IPO was used to purchase 85,311 Class B-1 units of QL Holdings LLC (the "Class B-1 Units" and "QLH", respectively) (together with an equivalent number of shares of Class B Common Stock, par value $0.01 per share (the "Class B Stock")) from the Reporting Person, at a price of $17.67 per Class B-1 Unit (and no additional consideration for the shares of Class B Stock).
- [F2]Reflects 30% of the 1,999,725 shares of Class B Common Stock sold directly by QuoteLab Holdings, Inc. Mr. Wang is the indirect holder of 30% of the voting interests and economic interests in QuoteLab Holdings, Inc.
- [F3]Pursuant to the Exchange Agreement, dated October 27, 2020, among the Issuer, QLH, Guilford Holdings, Inc. and the Class B-1 members of QLH, each Class B-1 Unit (together with one share of Class B Stock for every Class B-1 Unit) is exchangeable for one share of the Issuer's Class A Common Stock, par value $0.01 per share.
- [F4]Reflects 30% of the 1,999,725 shares of Class B-1 Units sold directly by QuoteLab Holdings, Inc. Mr. Wang is the indirect holder of 30% of the voting interests and economic interests in QuoteLab Holdings, Inc.
- [F5]Represents grant of restricted stock units under the Issuer's Omnibus Incentive Plan granted in connection with the IPO, effective as of October 30, 2020.
- [F6]The restricted stock units will vest quarterly over the first three years following the date of grant, subject to continued employment with the Issuer through each vesting date.
- [F7]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Documents
Issuer
MediaAlpha, Inc.
CIK 0001818383
Entity typeother
Related Parties
1- filerCIK 0001829885
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 4:42 PM ET
- Size
- 11.7 KB