Shelagh Glaser - May 31, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Director
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
May 31, 2023
Transactions value $
$0
Form type
4
Date filed
6/2/2023, 04:33 PM
Previous filing
Feb 22, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PUBM Class A Common Stock +Options Exercise $0 +8,065 $0.00 8,065 May 31, 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
transaction PUBM Restricted Stock Units +Grant/Award $0 +9,971 $0.00 9,971 May 31, 2023 Class A Common Stock 9,971 Direct F1, F2, F3
transaction PUBM Restricted Stock Units +Grant/Award $0 +3,466 $0.00 3,466 May 31, 2023 Class A Common Stock 3,466 Direct F1, F3, F4
transaction PUBM Restricted Stock Units -Options Exercise $0 -8,065 -100% $0.00 0 May 31, 2023 Class A Common Stock 8,065 Direct F1, F3, F5

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs vest in full on the earliest to occur of (a) the third anniversary of the Grant Date, (b) the Reporting Person's separation from service from the Issuer, and (c) a change in control of the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.
F3 RSUs do not expire; they either vest are are cancelled prior to vesting date.
F4 Represents RSUs payable in lieu of annual cash fees for Board of Directors and committee service pursuant to the Reporting Person's election under the Issuer's non-employee director compensation policy. The RSUs vest in full on the earliest to occur of (a) the third anniversary of the Grant Date, (b) the Reporting Person's separation from service from the Issuer, and (c) a change in control of the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.
F5 The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date, (b) immediately prior to the Company's annual meeting of stockholders in 2023, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.