Brian F. Hughes - Feb 13, 2025 Form 4 Insider Report for Innovid Corp. (CTV)

Role
Director
Signature
By: /s/ Stephen Cook, Attorney-in-fact For: Brian Hughes
Stock symbol
CTV
Transactions as of
Feb 13, 2025
Transactions value $
$0
Form type
4
Date filed
2/13/2025, 08:42 PM
Previous filing
Oct 3, 2024
Next filing
Feb 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTV Common Stock Disposed to Issuer -499K -100% 0 Feb 13, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brian F. Hughes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 146,033 unvested restricted stock units previously granted to the Reporting Person pursuant to the Innovid Corp. 2021 Omnibus Incentive Plan, each of which represents the right to receive one share of common stock, par value $0.0001 per share (the "Common Stock") of Innovid Corp. (the "Issuer").
F2 Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") among Mediaocean LLC, Ignite Merger Sub, Inc. and the Issuer dated November 21, 2024, all shares of Common Stock and all unvested restricted stock units held by the Reporting Person were canceled as of the Effective Time (as defined in the Merger Agreement) and converted into the right to receive a lump sum cash payment equal to $3.15 per share of Common Stock or restricted stock unit, as applicable.