W. Eric Carlborg - May 24, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Director
Signature
/s/ Abigail Hipps, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:12 PM
Previous filing
Dec 29, 2022
Next filing
Jun 2, 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 +1.87K $0.00 1.87K May 24, 2023 Class A Common Stock 1.87K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") payable in lieu of cash fees for Board of Directors and committee service from January 1, 2023 through May 31, 2023 pursuant to the Reporting Person's election under the Issuer's non-employee director compensation policy.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F3 The RSUs will be fully vested on May 31, 2023. 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.
F4 RSUs do not expire; they either vest are are cancelled prior to vesting date.