Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PUBM | Class A Common Stock | Conversion of derivative security | $0 | +93.3K | $0.00 | 93.3K | Feb 27, 2024 | See footnote | F1, F2, F3 | |
transaction | PUBM | Class A Common Stock | Sale | -$1.31M | -64.3K | -60.56% | $20.44 | 41.8K | Feb 27, 2024 | See footnote | F3, F4, F5, F6 |
transaction | PUBM | Class A Common Stock | Sale | -$728K | -34.3K | -82.08% | $21.19 | 7.5K | Feb 27, 2024 | See footnote | F3, F4, F7 |
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 | -93.3K | -12.76% | $0.00 | 637K | Feb 27, 2024 | Class B Common Stock | 93.3K | $1.11 | Direct | F8 |
transaction | PUBM | Class B Common Stock | Options Exercise | $0 | +93.3K | +44.21% | $0.00 | 304K | Feb 27, 2024 | Class A Common Stock | 93.3K | Direct | F1 | |
transaction | PUBM | Class B Common Stock | Conversion of derivative security | $0 | -93.3K | -30.66% | $0.00 | 211K | Feb 27, 2024 | Class A Common Stock | 93.3K | Direct | F1 | |
holding | PUBM | Class B Common Stock | 500K | Feb 27, 2024 | Class A Common Stock | 500K | See footnote | F1, F3 | ||||||
holding | PUBM | Class B Common Stock | 581K | Feb 27, 2024 | Class A Common Stock | 581K | See footnote | F1, F9 | ||||||
holding | PUBM | Class B Common Stock | 400K | Feb 27, 2024 | Class A Common Stock | 40K | See footnote | F1, F10 | ||||||
holding | PUBM | Class B Common Stock | 68.6K | Feb 27, 2024 | Class A Common Stock | 68.6K | See footnote | F1, F11 | ||||||
holding | PUBM | Class B Common Stock | 309K | Feb 27, 2024 | Class A Common Stock | 309K | See footnote | F1, F12 | ||||||
holding | PUBM | Class B Common Stock | 309K | Feb 27, 2024 | Class A Common Stock | 309K | See footnote | F1, F12 |
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 | Reflects the transfer of 93,270 shares of Class A Common Stock by the Reporting Person to the Goel Family Trust upon conversion. |
F3 | These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries. |
F4 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2023. |
F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.995, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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 herein. |
F6 | Reflects the transfer of 12,830 shares of Class A Common Stock by the Reporting Person to the Goel Family Trust. |
F7 | Represents the weighted average sale price. The lowest price at which shares were sold was $21.00 and the highest price at which shares were sold was $21.53. 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. |
F8 | The options are fully vested. |
F9 | These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act. |
F10 | 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. |
F11 | 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. |
F12 | 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. |
Forms 4 filed between May 17, 2023 and January 5, 2024 (the "Forms 4") inadvertently reflected the conversion of an aggregate of 66,771 shares of Class B common stock to Class A common stock in connection with various transactions reported in the Forms 4. An aggregate of 66,771 shares of Class A common stock were transferred by the Reporting Person to the Goel Family Trust in connection with various transactions reported in the Forms 4, and no conversions of Class B common stock to Class A common stock were effected.