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