Form 4 for MAX MediaAlpha, Inc.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-05-15 · accession 0001818383-23-000120 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-17 | 2023-05-15+ | MAX | Thompson Patrick Ryan | See Remarks | F - Tax | $8.22 | -18.7K | 386.1K | -5% | -$153.8K |
| DM | 2023-08-17 | 2023-08-15 | MAX | Thompson Patrick Ryan | See Remarks | M - OptEx | $0.00 | +28.5K | 404.9K | +8% | $0 |
| DM | 2023-08-17 | 2023-08-15 | MAX | Thompson Patrick Ryan | See Remarks | M - OptEx | $0.00 | -28.5K | 87.9K | -24% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-08-15 | F | D | 3,846 | $8.77 | 404,443 | D | — | — | (F4) Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of RSUs. |
| 2 | Common | Class A Common Stock | 2023-05-15 | F | D | 3,253 | $5.61 | 391,383 | D | — | — | (F1) This transaction is being reported late due to an inadvertent administrative error. (F2) Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of restricted stock units previously reported in Table I as Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2023-08-15 | M | A | 9,772 | $0.00 | 408,289 | D | — | — | (F3) One share of Class A Common Stock was issued upon the vesting of each Restricted Stock Unit ("RSU"). |
| 4 | Common | Class A Common Stock | 2023-08-15 | F | D | 6,357 | $8.77 | 398,517 | D | — | — | (F4) Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of RSUs. |
| 5 | Common | Class A Common Stock | 2023-08-15 | M | A | 18,748 | $0.00 | 404,874 | D | — | — | (F3) One share of Class A Common Stock was issued upon the vesting of each Restricted Stock Unit ("RSU"). |
| 6 | Common | Class A Common Stock | 2023-08-15 | F | D | 5,257 | $8.77 | 386,126 | D | — | — | (F2) Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of restricted stock units previously reported in Table I as Class A Common Stock. |
| 7 | Derivative | Restricted Stock Units | 2023-08-15 | M | D | 18,748 | $0.00 | 0 | D | — · — to — | 18,748 Class A Common Stock | (F5) Consists of RSUs granted to the Reporting Person on December 6, 2021 pursuant to the Issuer's Omnibus Incentive Plan, each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock, or at the option of the Compensation Committee, cash of equivalent value, upon vesting. (F6) 18.8% of such RSUs vested quarterly on February 15, 2022, May 15, 2022 and August 15, 2022, and the remainder will vest quarterly through August 15, 2023, in each case subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |
| 8 | Derivative | Restricted Stock Units | 2023-08-15 | M | D | 9,772 | $0.00 | 87,947 | D | — · — to — | 9,772 Class A Common Stock | (F5) Consists of RSUs granted to the Reporting Person on December 6, 2021 pursuant to the Issuer's Omnibus Incentive Plan, each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock, or at the option of the Compensation Committee, cash of equivalent value, upon vesting. (F7) One quarter of such RSUs vested on November 15, 2022, and the remainder will vest quarterly through November 15, 2025, in each case subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |