Jason Kiviat - Mar 7, 2025 Form 4 Insider Report for Outbrain Inc. (OB)

Signature
/s/ Veronica Gonzalez, as attorney-in-fact
Stock symbol
OB
Transactions as of
Mar 7, 2025
Transactions value $
-$29,386
Form type
4
Date filed
3/11/2025, 07:16 PM
Previous filing
Jan 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OB Common Stock Options Exercise $0 +7.2K +3.64% $0.00 205K Mar 7, 2025 Direct F1
transaction OB Common Stock Tax liability -$5.29K -1.25K -0.61% $4.23 204K Mar 7, 2025 Direct F2
transaction OB Common Stock Tax liability -$24.1K -5.7K -2.79% $4.23 198K Mar 7, 2025 Direct F3

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
transaction OB Performance Stock Units Options Exercise $0 -7.2K -30% $0.00 16.8K Mar 7, 2025 Common Stock 7.2K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the achievement of one of the market based performance metrics of the Performance Stock Units (PSUs), which were previously reported in Table II at the time of grant. Upon achievement, 3,001 shares of common stock were delivered to the reporting person net of withholding (see footnote below). The remaining 2,948 units are subject to service based vesting requirements.
F2 Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of Performance Stock Units (PSUs) under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
F3 Shares withheld by the Issuer to cover tax obligations arising upon vesting and settlement of restricted stock units under the Issuer's 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
F4 Represents Performance Stock Units (PSUs) that have not achieved the market based performance metric as of this date.