| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTV | Common Stock | Disposed to Issuer | -856K | -100% | 0 | Feb 13, 2025 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTV | Incentive Stock Option (Right to Buy) | Disposed to Issuer | -50.1K | -100% | 0 | Feb 13, 2025 | Common Stock | 50.1K | $0.61 | Direct | F3 | ||
| transaction | CTV | Incentive Stock Option (Right to Buy) | Disposed to Issuer | -8.32K | -100% | 0 | Feb 13, 2025 | Common Stock | 8.32K | $2.08 | Direct | F3 | ||
| transaction | CTV | Incentive Stock Option (Right to Buy) | Disposed to Issuer | -103K | -100% | 0 | Feb 13, 2025 | Common Stock | 103K | $2.81 | Direct | F3 | ||
| transaction | CTV | Non-Qualified Stock Option (Right to Buy) | Disposed to Issuer | -91.5K | -100% | 0 | Feb 13, 2025 | Common Stock | 91.5K | $2.08 | Direct | F3 | ||
| transaction | CTV | Non-Qualified Stock Option (Right to Buy) | Disposed to Issuer | -4.23K | -100% | 0 | Feb 13, 2025 | Common Stock | 4.23K | $2.81 | Direct | F3 |
Kenneth Markus is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Includes 377,084 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, (i) all 478,667 shares of Common Stock 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, and (ii) all unvested restricted stock units held by the Reporting Person were canceled (the "Canceled RSUs"), with (a) 96,219 of the Canceled RSUs converted into the right to receive a lump sum cash payment equal to $3.15 per share of Common Stock subject to such Canceled RSUs, and (b) 280,865 of the Canceled RSUs exchanged for unvested restricted stock units of OceanKey TopCo LLP, subject to substantially similar terms as the Canceled RSUs, in each case subject to any applicable withholding taxes. |
| F3 | Pursuant to the Merger Agreement, each outstanding stock option, whether vested or unvested as of the Effective Time, whose exercise price is less than $3.15 was vested, canceled and converted into the right to receive a lump sum cash payment, without interest, equal to the product of (x) the excess, if any, of $3.15 over the applicable exercise price per share of the Common Stock subject to such stock option multiplied by (y) the aggregate number of shares of Common Stock subject to such stock option, subject to all applicable withholding taxes. Any stock option whose exercise price was equal to or greater than $3.15 was canceled for zero consideration as of the Effective Time. |