Wang Ambrose 4
4 · MediaAlpha, Inc. · Filed Mar 25, 2021
Insider Transaction Report
Form 4
Wang Ambrose
CO-FOUNDER
Transactions
- Conversion
Class A Common Stock
2021-03-23+427,242→ 427,242 total(indirect: By LLC) - Sale
Class A Common Stock
2021-03-23$44.62/sh−427,242$19,063,538→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2021-03-23+169,735→ 169,735 total(indirect: By QuoteLab Holdings, Inc.) - Sale
Class A Common Stock
2021-03-23$44.62/sh−169,735$7,573,576→ 0 total(indirect: By QuoteLab Holdings, Inc.) - Conversion
Class B-1 Units of QL Holdings LLC and Class B Common Stock
2021-03-23−427,242→ 2,815,206 total(indirect: By LLC)→ Class A Common Stock (427,242 underlying) - Conversion
Class B-1 Units of QL Holdings LLC and Class B Common Stock
2021-03-23−169,735→ 0 total(indirect: By QuoteLab Holdings, Inc.)→ Class A Common Stock (169,735 underlying)
Footnotes (6)
- [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, Wang Family Investments, LLC exchanged 427,242 Class B-1 Units of QL Holdings LLC (the "Class B-1 Units"), along with 427,242 shares of Class B Common Stock (the "Class B Common Stock"), for shares of Class A Common Stock on a one-for-one basis and QuoteLab Holdings, Inc. exchanged 565,783 Class B-1 Units, along with 565,783 shares of Class B Common Stock, for shares of Class A Common Stock on a one-for-one basis.
- [F3]Reflects shares of Class B-1 Units held directly by Wang Family Investments LLC. Mr. Wang is the managing member and Wang Family Investments LLC is owned by Mr. Wang and his immediate family.
- [F4]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.
- [F5]Reflects 30% of the 565,783 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.
- [F6]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.