Jeffrey K. Hirsch - 30 Sep 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: Chief Commercial Officer
Signature: /s/ Thomas Chow, Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 30 Sep 2022
Net transactions value: -$38,975
Form type: 4
Filing time: 04 Oct 2022, 21:48:07 UTC
Previous filing: 13 Sep 2022
Next filing: 06 Oct 2022
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	Options Exercise	$0	+1,306	+17%	$0.000000	8,968	30 Sep 2022	Direct
transaction	PUBM	Class A Common Stock	Options Exercise	$0	+2,902	+32%	$0.000000	11,870	01 Oct 2022	Direct
transaction	PUBM	Class A Common Stock	Sale	$38,975	-2,093	-18%	$18.62	9,777	04 Oct 2022	Direct	F1, 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	Restricted Stock Unit	Options Exercise	$0	-1,306	-10%	$0.000000	11,756	30 Sep 2022	Class A Common Stock	1,306	$0.000000	Direct	F3, F4, F5
transaction	PUBM	Restricted Stock Unit	Options Exercise	$0	-2,902	-7.1%	$0.000000	37,736	01 Oct 2022	Class A Common Stock	2,902	$0.000000	Direct	F3, F5, F6

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

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.44 to $18.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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 herein.
F3	Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.
F4	The RSUs vested as to 1/8 of the total shares on June 30, 2021, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F5	RSUs do not expire; they either vest or are canceled prior to the vesting date.
F6	The RSUs vested as to 1/16th of the total shares on April 1, 2022, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.