Steven Pantelick - 30 Sep 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: Chief Financial Officer
Signature: /s/ Thomas Chow, Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 30 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Oct 2022, 22:06:44 UTC
Previous filing: 08 Jul 2022
Next filing: 05 Oct 2023
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	+2,261	+9.5%	$0.000000	26,062	30 Sep 2022	Direct	F1
transaction	PUBM	Class A Common Stock	Options Exercise	$0	+5,056	+19%	$0.000000	31,118	01 Oct 2022	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	Restricted Stock Unit	Options Exercise	$0	-2,261	-10%	$0.000000	20,348	30 Sep 2022	Class A Common Stock	2,261	$0.000000	Direct	F2, F3, F4
transaction	PUBM	Restricted Stock Unit	Options Exercise	$0	-5,056	-7.1%	$0.000000	65,734	01 Oct 2022	Class A Common Stock	5,056	$0.000000	Direct	F2, F4, F5
holding	PUBM	Class B Common Stock						467,360	30 Sep 2022	Class A Common Stock	467,360	$0.000000	Direct	F6
holding	PUBM	Class B Common Stock						115,000	30 Sep 2022	Class A Common Stock	115,000	$0.000000	By spouse	F6

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

Explanation of Responses:

Id	Content
F1	Includes 2,500 and 1,250 shares of the Issuer's Class A common stock issued to the Reporting Person pursuant to the Issuer's employee stock purchase plan on May 28, 2021 and May 31, 2022, respectively.
F2	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.
F3	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.
F4	RSUs do not expire; they either vest or are canceled prior to the vesting date.
F5	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.
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.