0001454938-24-000105.txt : 20240606
0001454938-24-000105.hdr.sgml : 20240606
20240606203625
ACCESSION NUMBER: 0001454938-24-000105
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240604
FILED AS OF DATE: 20240606
DATE AS OF CHANGE: 20240606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kostman David
CENTRAL INDEX KEY: 0001874180
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40643
FILM NUMBER: 241027000
MAIL ADDRESS:
STREET 1: C/O OUTBRAIN INC.
STREET 2: 111 WEST 19TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Outbrain Inc.
CENTRAL INDEX KEY: 0001454938
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 205391629
BUSINESS ADDRESS:
STREET 1: 111 WEST 19TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
BUSINESS PHONE: (646) 867-0149
MAIL ADDRESS:
STREET 1: 111 WEST 19TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
4
1
wk-form4_1717720578.xml
FORM 4
X0508
4
2024-06-04
0
0001454938
Outbrain Inc.
OB
0001874180
Kostman David
111 WEST 19TH STREET
NEW YORK
NY
10011
1
1
0
0
Chief Executive Officer
0
Common Stock
2024-06-04
4
A
0
200000
0
A
695767
D
Performance Stock Units
2024-06-04
4
A
0
400000
0
A
2034-06-04
Common Stock
400000
400000
D
Restricted stock units granted pursuant to the Issuer's 2021 Long-Term Incentive Plan which vest in increments over a period of four years as follows: one-eighth of such awards shall vest on the grant date, and one-sixteenth of such awards shall vest on September 5, 2024 and each quarterly anniversary thereafter.
Represents the target amount of Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Issuer's 2021 Long-Term Incentive Plan. Each PSU represents a right to receive one share of common stock subject to achievement of both service-based and performance-based vesting conditions, with the performance-based condition based on the achievement by the Issuer of pre-established stock price targets, over a three-year performance period ending on December 31, 2026. Subject to achievement of above-target stock price goals, the reporting person is eligible to earn up to 200% of the target amount of PSUs reported here.
/s/ Veronica Gonzalez, as attorney-in-fact
2024-06-06