Nexus India Capital I L P - Jun 1, 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
Stock symbol: PUBM
Transactions as of: Jun 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/3/2021, 04:05 PM
Next filing: Aug 16, 2021

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		+1.6M			1.6M	Jun 1, 2021	Direct	F1, F2
transaction	PUBM	Class A common stock	Other		-1.6M	-100%		0	Jun 1, 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	-1.6M	-15.02%	$0.00	9.03M	Jun 1, 2021	Class A common stock	1.6M		Direct	F1, F2
transaction	PUBM	Class B Common Stock	Other	$0	-404K	-4.48%	$0.00	8.62M	Jun 1, 2021	Class A common stock	404K		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.