Porat Asaf 4
4 · Outbrain Inc. · Filed Jun 6, 2024
Insider Transaction Report
Form 4
Porat Asaf
Chief Operating Officer
Transactions
- Award
Performance Stock Units
2024-06-04+60,000→ 60,000 totalExp: 2034-06-04→ Common Stock (60,000 underlying) - Award
Common Stock
2024-06-04+140,000→ 510,300 total
Footnotes (2)
- [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 Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Issuer's 2021 Long-Term Incentive Plan. Each PSU represents a contingent 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.