Paulina Klimenko - Apr 20, 2023 Form 3 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Growth Officer
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Apr 20, 2023
Transactions value $
$0
Form type
3
Date filed
4/28/2023, 04:42 PM
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PUBM Class A Common Stock 9.07K Apr 20, 2023 Direct

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 Unit Apr 20, 2023 Class A Common Stock 8.09K $0.00 Direct F1, F2, F3
holding PUBM Restricted Stock Unit Apr 20, 2023 Class A Common Stock 31.9K $0.00 Direct F2, F3, F4
holding PUBM Restricted Stock Unit Apr 20, 2023 Class A Common Stock 98.8K $0.00 Direct F2, F3, F5
holding PUBM Stock Option (Right to buy Class B Common Stock) Apr 20, 2023 Class B Common Stock 13.1K $3.89 Direct F6, F7
holding PUBM Stock Option (Right to buy Class B Common Stock) Apr 20, 2023 Class B Common Stock 11.7K $2.97 Direct F6, F7
holding PUBM Stock Option (Right to buy Class B Common Stock) Apr 20, 2023 Class B Common Stock 52.6K $2.16 Direct F7, F8
holding PUBM Stock Option (Right to buy Class A Common Stock) Apr 20, 2023 Class A Common Stock 36.6K $36.25 Direct F9
holding PUBM Stock Option (Right to buy Class A Common Stock) Apr 20, 2023 Class A Common Stock 30.1K $26.27 Direct F10
holding PUBM Stock Option (Right to buy Class A Common Stock) Apr 20, 2023 Class A Common Stock 105K $15.33 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") vested as to 1/8 of the total shares on June 30, 2021, 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. The Reporting Person received an award of 18,489 RSUs, of which 10,400 RSUs previously vested and 8,089 RSUs remain outstanding on the date hereof.
F2 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F3 Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of settlement for no consideration.
F4 The RSUs vested as to 1/16th of the total award on April 1, 2022, and 1/16th of the award will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The Reporting Person received an award of 46,444 RSUs, of which 14,514 RSUs previously vested and 31,930 RSUs remain outstanding on the date hereof.
F5 The RSUs vested as to 1/16th of the total award on April 1, 2023, and 1/16th of the award will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The Reporting Person received an award of 105,337 RSUs, of which 6,584 RSUs vested on April 1, 2023 and 98,753 RSUs remain outstanding on the date hereof.
F6 The options are fully vested.
F7 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 that occurs after the closing of the Issuer's initial public offering, except for certain permitted transfers.
F8 The option vested as to 1/48 of the total award on February 1, 2020, and 1/48 of the award will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F9 The option vested as to 1/48 of the total award on February 1, 2021, and 1/48 of the award will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F10 The option vested as to 1/48 of the total award on February 1, 2022, and 1/48 of the award will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F11 The option vested as to 1/48 of the total award on February 1, 2023, and 1/48 of the award will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.