Accession Number: | 0001209191-23-001412 |
Date: | 2023-01-01 |
Issuer: | MAGNITE, INC. (MGNI) |
Original Submission Date: |
EVANS KATIE SEITZ
C/O MAGNITE, INC.
1250 BROADWAY, 15TH FLOOR
NEW YORK, NY 10001
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2023-01-01 | A | 113,821 | a | $0.00 | 493,434 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE STOCK UNITS | 0.0 | 2023-01-01 | deemed execution date | A | 40,602 (a) | common stock 40,602 | $0.00 | 40,602 | direct |
ID | footnote |
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f1 | represents restricted stock units that vest as follows: 30,826 on february 15, 2024, 7,114 on each may 15, august 15, november 15, and february 15 thereafter until november 15, 2026 and 4,741 on february 15, 2027, 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. |
f2 | equity grant under the company's 2014 equity incentive plan. |
f3 | each performance stock unit ("psu") represents a contingent right to receive on vesting one share of the issuer's common stock. |
f4 | vesting of the psu will be determined based on the issuer's total stockholder return ("tsr") for the three-year period beginning on the grant date of the award relative to the tsrs of the companies in the russell 2000 index over that period. the number of psus reported in column 5 reflects the target number of psus subject to the award. the award is eligible to vest as to 0% to 150% of the target number of psus. |