Paulina Klimenko - Feb 16, 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
CHIEF GROWTH OFFICER
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Feb 16, 2024
Transactions value $
-$35,411
Form type
4
Date filed
2/20/2024, 07:46 PM
Previous filing
Jan 31, 2024
Next filing
Feb 28, 2024

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 +2.08K $0.00 2.08K Feb 16, 2024 Direct
transaction PUBM Class A Common Stock Sale -$35.4K -2.08K -100% $17.00 0 Feb 16, 2024 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 Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -2.08K -7.9% $0.00 24.3K Feb 16, 2024 Class A Common Stock 2.08K $2.16 Direct F2
transaction PUBM Class B Common Stock Options Exercise $0 +2.08K $0.00 2.08K Feb 16, 2024 Class A Common Stock 2.08K Direct F3
transaction PUBM Class B Common Stock Conversion of derivative security $0 -2.08K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 2.08K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 11, 2023.
F2 The options are fully vested.
F3 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.