Steven Pantelick - Jun 2, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: Chief Financial Officer
Signature: /s/ Andrew Woods, Attorney-in-Fact
Stock symbol: PUBM
Transactions as of: Jun 2, 2023
Transactions value $: -$272,660
Form type: 4
Date filed: 6/6/2023, 04:33 PM
Previous filing: Jun 2, 2023
Next filing: Jul 5, 2023

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	+15K	+119.09%	$0.00	27.6K	Jun 2, 2023	Direct
transaction	PUBM	Class A Common Stock	Sale	-$273K	-15K	-54.36%	$18.18	12.6K	Jun 2, 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	Class B Common Stock	Conversion of derivative security	$0	-15K	-3.57%	$0.00	405K	Jun 2, 2023	Class A Common Stock	15K	$0.00	Direct	F2
holding	PUBM	Class B Common Stock						115K	Jun 2, 2023	Class A Common Stock	115K	$0.00	By Spouse	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the weighted average sale price. The lowest price at which shares were sold was $18.11 and the highest price at which shares were sold was $18.30. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
F2	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.

Content

Represents the weighted average sale price. The lowest price at which shares were sold was $18.11 and the highest price at which shares were sold was $18.30. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

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.