Prusz Joseph R 4
4 · MAGNITE, INC. · Filed Apr 5, 2021
Insider Transaction Report
Form 4
MAGNITE, INC.MGNI
Prusz Joseph R
Global Chief Revenue Officer
Transactions
- Award
Stock Option (right to buy)
2021-04-01+17,726→ 17,726 totalExercise: $42.80Exp: 2031-04-01→ Common Stock (17,726 underlying) - Award
Common Stock
2021-04-01+23,820→ 422,558 total
Footnotes (3)
- [F1]Represents restricted stock units that vest as follows: 6,451 on May 15, 2022, 1,489 on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 990 on May 15, 2025, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.
- [F2]Equity grant under the Company's 2014 Equity Incentive Plan.
- [F3]25% of the total number of shares underlying this option will vest on April 1, 2022 and the remaining shares vest 1/36 per month over the next 36 months thereafter, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.