Jeffrey K. Hirsch - Jan 31, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Commercial Officer
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Jan 31, 2023
Transactions value $
$0
Form type
4
Date filed
2/2/2023, 07:12 PM
Previous filing
Jan 12, 2023
Next filing
Apr 4, 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 +89.5K $0.00 89.5K Jan 31, 2023 Class A Common Stock 89.5K Direct F1, F2, F3
transaction PUBM Stock Option (Right to buy Class A Common Stock) Award $0 +89.7K $0.00 89.7K Jan 31, 2023 Class A Common Stock 89.7K $15.33 Direct F4
* 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 right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.
F2 The RSUs vest as to 1/16th of the total shares on April 1, 2023, and 1/16th of the total shares will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F3 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F4 The option vests as to 1/48 of the total shares on February 1, 2023, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.