Mukul Kumar - 27 Feb 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: PRESIDENT, ENGINEERING
Signature: /s/ Andrew Woods, Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 27 Feb 2024
Net transactions value: -$998,620
Form type: 4
Filing time: 28 Feb 2024, 18:33:12 UTC
Previous filing: 31 Jan 2024
Next filing: 05 Mar 2024
SEC: View on sec.gov

Key filing fact

Mukul Kumar filed Form 4 for PubMatic, Inc. (PUBM) on 28 Feb 2024.

Key facts

This page summarizes Mukul Kumar's Form 4 filing for PubMatic, Inc. (PUBM).
4 reported transactions and 1 derivative row are listed below.
Filing timestamp: 28 Feb 2024, 18:33.

Change

Previous filing in this sequence was filed on 31 Jan 2024.
Current net transaction value: -$998,620.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

PUBM transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +49,000
Change %: +199%
Price: $0.000000
Shares after: 73,582
Date: 27 Feb 2024
Ownership: Direct
Footnotes: F1

PUBM transaction

Class A Common Stock

Sale

Transaction value: $953,938
Shares: -46,886
Change %: -64%
Price: $20.35
Shares after: 26,696
Date: 27 Feb 2024
Ownership: Direct
Footnotes: F2, F3

PUBM transaction

Class A Common Stock

Sale

Transaction value: $44,682
Shares: -2,114
Change %: -7.9%
Price: $21.14
Shares after: 24,582
Date: 27 Feb 2024
Ownership: Direct
Footnotes: F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

PUBM transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -49,000
Change %: -28%
Price: $0.000000
Shares after: 126,600
Date: 27 Feb 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 49,000
Exercise price
Footnotes: F1

* 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	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.
F2	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2023.
F3	Represents the weighted average sale price. The lowest price at which shares were sold was $19.79 and the highest price at which shares were sold was $20.72. 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.
F4	Represents the weighted average sale price. The lowest price at which shares were sold was $20.79 and the highest price at which shares were sold was $21.61. 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.