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

Role: 10%+ Owner
Signature: Helion Venture Partners, LLC, By: /s/ Dourvesh Kumar Chumun, Director
Stock symbol: PUBM
Transactions as of: Sep 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/17/2021, 04:23 PM
Next filing: Dec 1, 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	$0	+2.51M		$0.00	2.51M	Sep 15, 2021	Direct	F1
transaction	PUBM	Class A Common Stock	Other	$0	-2.51M	-100%	$0.00^*	0	Sep 15, 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	-2.51M	-33.33%	$0.00	5.02M	Sep 15, 2021	Class A Common Stock	2.51M		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.