Filing Details

Accession Number:
0001209191-21-025965
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-07 18:41:31
Reporting Period:
2021-04-05
Accepted Time:
2021-04-07 18:41:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1595974 Magnite Inc. MGNI Services-Computer Programming, Data Processing, Etc. (7370) 208881738
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1807986 Aaron Saltz C/O Magnite, Inc.
12181 Bluff Creek Drive, 4Th Floor
Playa Vista CA 90094
General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-04-05 5,373 $3.61 312,132 No 4 M Direct
Common Stock Disposition 2021-04-05 3,838 $40.07 308,294 No 4 S Direct
Common Stock Disposition 2021-04-05 3,123 $40.79 305,171 No 4 S Direct
Common Stock Disposition 2021-04-05 6,350 $42.13 298,821 No 4 S Direct
Common Stock Disposition 2021-04-05 1,689 $43.08 297,132 No 4 S Direct
Common Stock Disposition 2021-04-05 19,091 $40.25 278,041 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2021-04-05 5,373 $0.00 5,373 $3.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,764 2028-02-27 No 4 M Direct
Footnotes
  1. This exercise and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.54 to $40.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.571 to $41.18, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.57 to $42.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.60 to $43.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  6. Represents the non-discretionary sale of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.
  7. 25% of the total number of shares underlying this option vested on February 14, 2019 and the remaining shares vest 1/36 per month over the next 36 months thereafter, subject to continued service to the Issuer through each vesting date. This equity grant may be subject to accelerated vesting in the event the Reporting Person's employment is terminated under certain circumstances.
  8. Equity grant under the Company's 2014 Equity Incentive Plan.