NEXUS INDIA CAPITAL I L P - 01 Jun 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: 10%+ Owner
Signature: Nexus India Capital I, L.P., By: /s/ Thomas Chow, Its: Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2021, 16:05:51 UTC
Next filing: 16 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PUBM	Class A common stock	Conversion of derivative security		+1,595,838			1,595,838	01 Jun 2021	Direct	F1, F2
transaction	PUBM	Class A common stock	Other		-1,595,838	-100%		0	01 Jun 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PUBM	Class B common stock	Conversion of derivative security	$0	-1,595,838	-15%	$0.000000	9,029,005	01 Jun 2021	Class A common stock	1,595,838		Direct	F1, F2
transaction	PUBM	Class B Common Stock	Other	$0	-404,162	-4.5%	$0.000000	8,624,843	01 Jun 2021	Class A common stock	404,162		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a pro-rata in-kind distribution of Class A common stock and Class B common stock, and not a purchase or sale, without additional consideration to its partners.
F2	Each share of Class B common stock held by the Issuer's executive officers, directors and their respective affiliates will convert automatically into one share of Class A common stock upon any transfer that occurs after the closing of the Issuer's initial public offering, except for certain permitted transfers.
F3	Pursuant to the charter documents of the Issuer, the recipients of such distribution were permitted transferees and thus received such distribution in Class B common stock.