Yossi Sela - 22 Jul 2021 Form 3 Insider Report for Outbrain Inc. (OB)

Role
Director, 10%+ Owner
Signature
/s/ Yoseph (Yossi) Sela
Issuer symbol
OB
Transactions as of
22 Jul 2021
Transactions value $
$0
Form type
3
Filing time
22 Jul 2021, 18:14:05 UTC
Previous filing
18 May 2021
Next filing
29 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OB Common Stock 538,126 22 Jul 2021 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding OB Series A Preferred Stock 22 Jul 2021 Common Stock 1,667,090 See footnote F1, F2
holding OB Series B Preferred Stock 22 Jul 2021 Common Stock 1,531,301 See footnote F1, F2
holding OB Series C Preferred Stock 22 Jul 2021 Common Stock 935,247 See footnote F1, F2
holding OB Series F Preferred Stock 22 Jul 2021 Common Stock 219,244 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held directly by Gemini Israel IV L.P. ("Gemini LP"), Gemini Israel IV (Annex Fund) L.P. ("Gemini LP Annex"), Gemini Partners Investors IV L.P. ("Gemini Partners") and Gemini Partners Investors IV L.P. ("Gemini Partners Annex," and together with Gemini LP, Gemini LP Annex and Gemini Partners, the "Gemini Funds"). Gemini Israel Funds Ltd., ("Gemini Israel," and together with the Gemini Funds, the "Gemini Entities") is the general partner and/or controlling partner of each of the Gemini Funds. The shares may also be deemed beneficially owned by Yoseph (Yossi) Sela, managing partner and shareholder of Gemini Israel. Each of Gemini Israel and Mr. Sela (collectively, the "Reporting Person") disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein.
F2 These shares of Series A, Series B, Series C and Series F Preferred Stock will convert to Common Stock at the ratio specified in the company's Eleventh Amended and Restated Certificate of Incorporation, which is included as Exhibit 3.3 to the company's Registration Statement on Form S-1, as amended (File No. 333-257525), in connection with the consummation of the company's initial public offering.