Rajeev K. Goel - 03 Mar 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Andrew Woods, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
03 Mar 2023
Net transactions value
-$413,535
Form type
4
Filing time
03 Mar 2023, 19:06:03 UTC
Previous filing
02 Feb 2023
Next filing
04 Apr 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 Conversion of derivative security $0 +30,000 +172% $0.000000 47,449 03 Mar 2023 Direct
transaction PUBM Class A Common Stock Sale $413,535 -30,000 -63% $13.78 17,449 03 Mar 2023 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 Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -30,000 -6.6% $0.000000 421,915 03 Mar 2023 Class B Common Stock 30,000 $1.11 Direct F2
transaction PUBM Class B Common Stock Options Exercise $0 +30,000 +14% $0.000000 240,984 03 Mar 2023 Class A Common Stock 30,000 $0.000000 Direct F3
transaction PUBM Class B Common Stock Conversion of derivative security $0 -30,000 -12% $0.000000 210,984 03 Mar 2023 Class A Common Stock 30,000 $0.000000 Direct F3
holding PUBM Class B Common Stock 516,284 03 Mar 2023 Class A Common Stock 516,284 See footnote F3, F4
holding PUBM Class B Common Stock 581,260 03 Mar 2023 Class A Common Stock 581,260 See footnote F3, F5
holding PUBM Class B Common Stock 400,000 03 Mar 2023 Class A Common Stock 400,000 See footnote F3, F6
holding PUBM Class B Common Stock 68,616 03 Mar 2023 Class A Common Stock 68,616 See footnote F3, F7
holding PUBM Class B Common Stock 308,775 03 Mar 2023 Class A Common Stock 308,775 See footnote F3, F8
holding PUBM Class B Common Stock 308,775 03 Mar 2023 Class A Common Stock 308,775 See footnote F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.60 to $13.96 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder 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 in this footnote.
F2 The options are fully vested.
F3 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.
F4 These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
F5 These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
F6 These securities are held by The Goel Heritage Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F7 These securities are held by The Goel Family Gift Trust, of which family members and certain other individuals are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F8 These securities are held by a trust for the benefit of the Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.