W. Eric Carlborg - 01 Jun 2022 Form 4/A - Amendment Insider Report for PubMatic, Inc. (PUBM)

Role
Director
Signature
/s/ Abigail Hipps, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
29 Dec 2022, 15:25:13 UTC
Date Of Original Report
03 Jun 2022
Previous filing
06 Dec 2021
Next filing
26 May 2023

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 Units Award $0 +9,062 $0.000000 9,062 01 Jun 2022 Class A Common Stock 9,062 Direct F1, F2, F3
transaction PUBM Restricted Stock Units Award $0 +3,150 $0.000000 3,150 01 Jun 2022 Class A Common Stock 3,150 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date, (b) immediately prior to the Issuer's next annual meeting of stockholders, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (i) the third anniversary of the grant date, (ii) the Reporting Person's death or disability, (iii) a change in control of the Issuer, and (iv) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.
F3 RSUs do not expire; they either vest are are cancelled prior to vesting date.
F4 Represents RSUs payable in lieu of annual cash fees for Board of Directors and committee service pursuant to the Reporting Person's election under the Issuer's non-employee director compensation policy.
F5 The RSUs will be fully vested on December 31, 2022. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (i) the Reporting Person's death or disability, (ii) a change in control of the Issuer, and (iii) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.

Remarks:

This amendment to Form 4 includes a grant of RSUs in lieu of annual cash compensation for service on the Issuer's Board of Directors and amends and restates the Form 4 filed on June 3, 2022 in its entirety.