Amar K. Goel - May 7, 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
May 7, 2024
Transactions value $
-$246,708
Form type
4
Date filed
5/9/2024, 07:13 PM
Previous filing
Apr 9, 2024
Next filing
May 30, 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 +400 $0.00 400 May 7, 2024 By Birchwood Trust F1, F2
transaction PUBM Class A Common Stock Sale -$9.8K -400 -100% $24.50 0 May 7, 2024 By Birchwood Trust F2, F3
transaction PUBM Class A Common Stock Conversion of derivative security $0 +400 $0.00 400 May 7, 2024 By Tuscan Irrevocable Trust F1, F4
transaction PUBM Class A Common Stock Sale -$9.8K -400 -100% $24.50 0 May 7, 2024 By Tuscan Irrevocable Trust F4, F5
transaction PUBM Class A Common Stock Conversion of derivative security $0 +600 $0.00 600 May 7, 2024 By Marais Irrevocable Trust F1, F6
transaction PUBM Class A Common Stock Sale -$14.7K -600 -100% $24.51 0 May 7, 2024 By Marais Irrevocable Trust F6, F7, F8
transaction PUBM Class A Common Stock Conversion of derivative security $0 +400 $0.00 400 May 7, 2024 By RAJN Trust - A F1, F9
transaction PUBM Class A Common Stock Sale -$9.8K -400 -100% $24.50 0 May 7, 2024 By RAJN Trust - A F9, F10
transaction PUBM Class A Common Stock Conversion of derivative security $0 +400 $0.00 400 May 7, 2024 By RAJN Trust - N F1, F11
transaction PUBM Class A Common Stock Sale -$9.8K -400 -100% $24.50 0 May 7, 2024 By RAJN Trust - N F11, F12
transaction PUBM Class A Common Stock Conversion of derivative security $0 +1.56K $0.00 1.56K May 8, 2024 By Birchwood Trust F1, F2
transaction PUBM Class A Common Stock Sale -$38.5K -1.56K -100% $24.63 0 May 8, 2024 By Birchwood Trust F2, F3, F13
transaction PUBM Class A Common Stock Conversion of derivative security $0 +1.52K $0.00 1.52K May 8, 2024 By Tuscan Irrevocable Trust F1, F4
transaction PUBM Class A Common Stock Sale -$37.4K -1.52K -100% $24.69 0 May 8, 2024 By Tuscan Irrevocable Trust F4, F5, F14
transaction PUBM Class A Common Stock Conversion of derivative security $0 +1.62K $0.00 1.62K May 8, 2024 By Marais Irrevocable Trust F1, F6
transaction PUBM Class A Common Stock Sale -$39.9K -1.62K -100% $24.65 0 May 8, 2024 By Marais Irrevocable Trust F6, F7, F14
transaction PUBM Class A Common Stock Conversion of derivative security $0 +1.59K $0.00 1.59K May 8, 2024 By RAJN Trust-A F1, F9
transaction PUBM Class A Common Stock Sale -$39.3K -1.59K -100% $24.70 0 May 8, 2024 By RAJN Trust-A F9, F10, F15
transaction PUBM Class A Common Stock Conversion of derivative security $0 +1.53K $0.00 1.53K May 8, 2024 By RAJN Trust-N F1, F11
transaction PUBM Class A Common Stock Sale -$37.6K -1.53K -100% $24.68 0 May 8, 2024 By RAJN Trust-N F11, F12, F14
holding PUBM Class A Common Stock 2.64K May 7, 2024 Direct

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 -400 -0.03% $0.00 1.24M May 7, 2024 Class A Common Stock 400 By Birchwood Trust F1, F2
transaction PUBM Class B Common Stock Conversion of derivative security $0 -400 -0.05% $0.00 758K May 7, 2024 Class A Common Stock 400 By Tuscan Irrevocable Trust F1, F4
transaction PUBM Class B Common Stock Conversion of derivative security $0 -600 -0.08% $0.00 757K May 7, 2024 Class A Common Stock 600 By Marais Irrevocable Trust F1, F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -400 -0.08% $0.00 526K May 7, 2024 Class A Common Stock 400 By RAJN Trust-A F1, F9
transaction PUBM Class B Common Stock Conversion of derivative security $0 -400 -0.08% $0.00 526K May 7, 2024 Class A Common Stock 400 By RAJN Trust-N F1, F11
transaction PUBM Class B Common Stock Conversion of derivative security $0 -1.56K -0.13% $0.00 1.23M May 8, 2024 Class A Common Stock 1.56K By Birchwood Trust F1, F2
transaction PUBM Class B Common Stock Conversion of derivative security $0 -1.52K -0.2% $0.00 756K May 8, 2024 Class A Common Stock 1.52K By Tuscan Irrevocable Trust F1, F4
transaction PUBM Class B Common Stock Conversion of derivative security $0 -1.62K -0.21% $0.00 756K May 8, 2024 Class A Common Stock 1.62K By Marais Irrevocable Trust F1, F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -1.59K -0.3% $0.00 525K May 8, 2024 Class A Common Stock 1.59K By RAJN Trust-A F1, F9
transaction PUBM Class B Common Stock Conversion of derivative security $0 -1.53K -0.29% $0.00 525K May 8, 2024 Class A Common Stock 1.53K By RAJN Trust-N F1, F11, F16
holding PUBM Class B Common Stock 443K May 7, 2024 Class A Common Stock 443K See footnote F1, 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 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.
F2 These shares are held by the Birchwood Trust, of which the Reporting Person and his spouse are beneficiaries.
F3 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.
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 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.
F7 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $24.52 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.
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 $24.50 to $25.25 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.24 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.
F15 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $25.25 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.