Mukul Kumar - Jan 26, 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
President, Engineering
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Jan 26, 2024
Transactions value $
$0
Form type
4
Date filed
1/31/2024, 09:27 PM
Previous filing
Jan 3, 2024
Next filing
Feb 28, 2024

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 +64.2K $0.00 64.2K Jan 26, 2024 Class A Common Stock 64.2K Direct F1, F2, F3
transaction PUBM Stock Option (Right to buy Class A Common Stock) Award $0 +64.2K $0.00 64.2K Jan 26, 2024 Class A Common Stock 64.2K $15.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.
F2 The RSUs vest as to 1/16th of the total shares on April 1, 2024, 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.
F3 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F4 The option vests as to 1/48 of the total shares on February 1, 2024, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.