Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-049409
Date:2020-09-01
Issuer: MAGNITE, INC. (MGNI)
Original Submission Date:

Reporting Person:

SOROCA ADAM LEE
C/O MAGNITE, INC.
12181 BLUFF CREEK DRIVE, 4TH FLOOR PLAYA VISTA, CA 90094

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-09-01 M 439 a $1.97 417,764 direct
COMMON STOCK 2020-09-01 M 1,396 a $4.92 419,160 direct
COMMON STOCK 2020-09-01 S 5,182 d $7.38 413,978 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 1.97 2020-09-01 deemed execution date M 439 (d) 2028-03-15 common stock 439 $1.97 41,691 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 4.92 2020-09-01 deemed execution date M 1,396 (d) 2029-02-20 common stock 1,396 $4.92 132,604 direct
Footnotes
IDfootnote
f1 these exercises and sales were made pursuant to a rule 10b5-1 trading plan adopted by the reporting person.
f2 25% of the total number of options vested on february 1, 2019 and the remaining option shares become exercisable in 36 equal installments each calendar month thereafter.
f3 25% of the total number of options vested on february 1, 2020 and the remaining option shares become exercisable in 36 equal installments each calendar month thereafter.
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