Rajeev K. Goel - May 13, 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Thomas Chow, Attorney-in-Fact
Stock symbol: PUBM
Transactions as of: May 13, 2022
Transactions value $: -$518,667
Form type: 4
Date filed: 5/17/2022, 09:00 PM
Previous filing: Apr 4, 2022
Next filing: Jun 6, 2022

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	+19.7K		$0.00	19.7K	May 13, 2022	By The Goel Family Trust	F1, F2
transaction	PUBM	Class A Common Stock	Sale	-$460K	-22.2K	-88.8%	$20.70	2.8K	May 13, 2022	By The Goel Family Trust	F1, F2, F3, F4
transaction	PUBM	Class A Common Stock	Sale	-$59.1K	-2.8K	-100%	$21.10	0	May 1, 2022	Direct	F3, F5

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	-19.7K	-3.15%	$0.00	606K	May 13, 2022	Class A Common Stock	19.7K		By The Goel Family Trust	F2, F6

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

Explanation of Responses:

Id	Content
F1	The Reporting Person transferred 5,253 shares of Class A Common Stock to The Goel Family Trust in connection with the transaction, which transfer represents a change in the form of beneficial ownership of such shares.
F2	These shares are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
F3	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by The Goel Family Trust.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.06 to $21.055 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.06 to $21.17 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6	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, except for certain permitted transfers.