Rajeev K. Goel - Nov 1, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Nov 1, 2023
Transactions value $
-$82,682
Form type
4
Date filed
11/2/2023, 04:41 PM
Previous filing
Oct 3, 2023
Next filing
Dec 6, 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 +7.5K $0.00 7.5K Nov 1, 2023 See footnote F1
transaction PUBM Class A Common Stock Sale -$82.7K -7.5K -100% $11.02 0 Nov 1, 2023 See footnote F1, F2, F3
holding PUBM Class A Common Stock 66.5K Nov 1, 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 Class B Common Stock Conversion of derivative security $0 -7.5K -1.59% $0.00 465K Nov 1, 2023 Class A Common Stock 7.5K See footnote F1, F4
holding PUBM Class B Common Stock 581K Nov 1, 2023 Class A Common Stock 581K See footnote F4, F5
holding PUBM Class B Common Stock 400K Nov 1, 2023 Class A Common Stock 400K See footnote F4, F6
holding PUBM Class B Common Stock 68.6K Nov 1, 2023 Class A Common Stock 68.6K See footnote F4, F7
holding PUBM Class B Common Stock 309K Nov 1, 2023 Class A Common Stock 309K See footnote F4, F8
holding PUBM Class B Common Stock 309K Nov 1, 2023 Class A Common Stock 309K See footnote F4, F8
holding PUBM Class B Common Stock 211K Nov 1, 2023 Class A Common Stock 211K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by The Goel Family Trust on March 1, 2023.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.95 to $11.12 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.
F4 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.
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.