Form 4 for MGNI MAGNITE, INC.

Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001209191-23-014686 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-03-02	2023-02-28	MGNI	Buonasera David	CTO	A - Grant	$0.00	+46.9K	221.6K	+27%	$0
D	2023-03-02	2023-02-28	MGNI	Buonasera David	CTO	A - Grant	$0.00	+18.2K	18.2K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-02-28	A	A	46,873	$0.00	221,557	D	—	—	(F1) Represents restricted stock units that vest as follows: 13,671 on May 15, 2024, 2,930 on each August 15, November 15, February 15 and May 15 thereafter until February 15, 2027 and 972 on May 15, 2027, 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.
2	Derivative	Performance Stock Units	2023-02-28	A	A	18,152	$0.00	18,152	D	— · — to —	18,152 Common Stock	(F2) Equity grant under the Company's 2014 Equity Incentive Plan. (F3) Each performance stock unit ("PSU") represents a contingent right to receive on vesting one share of the Issuer's common stock. (F4) Vesting of the PSU will be determined based on the Issuer's total stockholder return ("TSR") for the three-year period commencing January 1, 2023 relative to the TSRs of the companies in the Russell 2000 index, over that period. The number of PSUs reported in column 5 reflects the target number of PSUs subject to the award. The award is eligible to vest as to 0% to 150% of the target number of PSUs.