4//SEC Filing
Martinez Lance 4
Accession 0001209191-21-023004
CIK 0001818383other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 4:25 PM ET
Size
10.0 KB
Accession
0001209191-21-023004
Insider Transaction Report
Form 4
Martinez Lance
GENERAL COUNSEL AND SECRETARY
Transactions
- Conversion
Class A Common Stock
2021-03-23+26,338→ 36,547 total - Sale
Class A Common Stock
2021-03-23$44.62/sh−26,338$1,175,202→ 10,209 total - Conversion
Class B-1 Units of QL Holdings LLC and Class B Common Stock
2021-03-23−26,338→ 124,202 total→ Class A Common Stock (26,338 underlying)
Footnotes (4)
- [F1]On March 23, 2021, MediaAlpha, Inc. (the "Issuer") closed a secondary offering of its shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock"). The Issuer did not offer any of its common stock in the offering and did not receive any proceeds from the offering.
- [F2]On March 23, 2021, Mr. Martinez exchanged 26,338 Class B-1 Units of QL Holdings LLC (the "Class B-1 Units"), along with 26,338 shares of Class B Common Stock (the "Class B Common Stock"), for shares of Class A Common Stock on a one-for-one basis.
- [F3]This amount represents the $46.00 secondary public offering price per share of Class A Common Stock, less the underwriting discount of $1.38 per share.
- [F4]Pursuant to the Exchange Agreement, dated October 27, 2020, among the Issuer, QL Holdings LLC ("QLH"), Guilford Holdings, Inc. and the Class B-1 members of QLH, each Class B-1 Unit, together with one share of Class B Common Stock, is exchangeable for one share of Class A Common Stock, subject to vesting conditions set forth in separate agreements. Pursuant to Mr. Martinez's award agreements, 25% of the equity granted will vest on the first anniversary of the vesting commencement date set forth in each agreement, and the remaining 75% of the equity will vest ratably each month over the following 36 months.
Documents
Issuer
MediaAlpha, Inc.
CIK 0001818383
Entity typeother
Related Parties
1- filerCIK 0001829670
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 4:25 PM ET
- Size
- 10.0 KB