Helion Venture Partners LLC - 15 Sep 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: 10%+ Owner
Signature: Helion Venture Partners, LLC, By: /s/ Dourvesh Kumar Chumun, Director
Issuer symbol: PUBM
Transactions as of: 15 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 17 Sep 2021, 16:23:21 UTC
Next filing: 01 Dec 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	$0	+2,509,113		$0.000000	2,509,113	15 Sep 2021	Direct	F1
transaction	PUBM	Class A Common Stock	Other	$0	-2,509,113	-100%	$0.000000^*	0	15 Sep 2021	Direct	F2

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	-2,509,113	-33%	$0.000000	5,018,307	15 Sep 2021	Class A Common Stock	2,509,113		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	These shares of Class B common stock were converted on a one-for-one basis into Class A common stock.
F2	Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Helion Venture Partners LLC to its members without additional consideration.
F3	Each share of Class B common stock 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.