Andrew Woods - Feb 17, 2023 Form 3 Insider Report for PubMatic, Inc. (PUBM)

Role
General Counsel & Secretary
Signature
/s/ Joe Heuer, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Feb 17, 2023
Transactions value $
$0
Form type
3
Date filed
2/24/2023, 06:45 PM
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
holding PUBM Restricted Stock Units Feb 17, 2023 Class A Common Stock 64.6K $0.00 Direct F1, F2, F3
holding PUBM Stock Option (Right to buy Class A Common Stock Feb 17, 2023 Class A Common Stock 33.1K $18.63 Direct F4
holding PUBM Restricted Stock Units Feb 17, 2023 Class A Common Stock 20K $0.00 Direct F1, F3, F5
holding PUBM Stock Option (Right to buy Class A Common Stock) Feb 17, 2023 Class A Common Stock 20K $15.33 Direct F6
* 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 1/4 of the total award on October 1, 2023 and 1/16th of the RSUs 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 1/4 of the total shares on August 22, 2023, and 1/48 of the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F5 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.
F6 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.