Amar K. Goel - Mar 5, 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Mar 5, 2024
Transactions value $
-$3,175,641
Form type
4
Date filed
3/7/2024, 06:11 PM
Previous filing
Jan 31, 2024
Next filing
Apr 2, 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 +30K $0.00 30K Mar 5, 2024 By Birchwood Trust F1
transaction PUBM Class A Common Stock Sale -$621K -30K -100% $20.70 0 Mar 5, 2024 By Birchwood Trust F1, F2, F3
transaction PUBM Class A Common Stock Conversion of derivative security $0 +30K $0.00 30K Mar 5, 2024 By Tuscan Irrevocable Trust F4
transaction PUBM Class A Common Stock Sale -$621K -30K -100% $20.70 0 Mar 5, 2024 By Tuscan Irrevocable Trust F4, F5, F6
transaction PUBM Class A Common Stock Conversion of derivative security $0 +30K $0.00 30K Mar 5, 2024 By Marais Irrevocable Trust F7
transaction PUBM Class A Common Stock Sale -$621K -30K -100% $20.69 0 Mar 5, 2024 By Marais Irrevocable Trust F3, F7, F8
transaction PUBM Class A Common Stock Conversion of derivative security $0 +30K $0.00 30K Mar 5, 2024 By RAJN Trust - A F9
transaction PUBM Class A Common Stock Sale -$621K -30K -100% $20.69 0 Mar 5, 2024 By RAJN Trust - A F3, F9, F10
transaction PUBM Class A Common Stock Conversion of derivative security $0 +30K $0.00 30K Mar 5, 2024 By RAJN Trust - N F11
transaction PUBM Class A Common Stock Sale -$621K -30K -100% $20.70 0 Mar 5, 2024 By RAJN Trust - N F11, F12, F13
transaction PUBM Class A Common Stock Sale -$71.5K -3.45K -100% $20.69 0 Mar 5, 2024 Direct F14, F15

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 -30K -2.37% $0.00 1.24M Mar 5, 2024 Class A Common Stock 30K By Birchwood Trust F1, F16
transaction PUBM Class B Common Stock Conversion of derivative security $0 -30K -3.81% $0.00 758K Mar 5, 2024 Class A Common Stock 30K By Tuscan Irrevocable Trust F4, F16
transaction PUBM Class B Common Stock Conversion of derivative security $0 -30K -3.81% $0.00 758K Mar 5, 2024 Class A Common Stock 30K By Marais Irrevocable Trust F7, F16
transaction PUBM Class B Common Stock Conversion of derivative security $0 -30K -5.39% $0.00 527K Mar 5, 2024 Class A Common Stock 30K By RAJN Trust-A Trust F9, F16
transaction PUBM Class B Common Stock Conversion of derivative security $0 -30K -5.39% $0.00 527K Mar 5, 2024 Class A Common Stock 30K By RAJN Trust-N F11, F16
holding PUBM Class B Common Stock 443K Mar 5, 2024 Class A Common Stock 443K See footnote F16, F17
* 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 These shares are held by the Birchwood 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 Birchwood Trust on December 5, 2023.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.38 to $21.04 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 These shares are held by the Tuscan Irrevocable Trust, of which the Reporting Person is a beneficiary.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Tuscan Irrevocable Trust on December 5, 2023.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.36 to $21.04 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.
F7 These shares are held by the Marais Irrevocable Trust, of which the Reporting Person's spouse is a beneficiary. 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Marais Irrevocable Trust on December 5, 2023.
F9 These shares are held by the RAJN Trust-A, of which one of the Reporting Person's children is a beneficiary. 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.
F10 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the RAJN Trust - A on December 5, 2023.
F11 These shares are held by the RAJN Trust-N, of which one of the Reporting Person's children is a beneficiary. 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the RAJN Trust - N on December 5, 2023.
F13 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.35 to $21.04 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.
F14 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2023.
F15 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.41 to $20.96 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.
F16 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.
F17 These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.