Mukul Kumar - Jun 17, 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
PRESIDENT, ENGINEERING
Signature
/s/ Andrew Woods, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Jun 17, 2024
Transactions value $
-$200,149
Form type
4
Date filed
6/18/2024, 04:07 PM
Previous filing
May 20, 2024
Next filing
Jul 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 +8K +24.65% $0.00 40.5K Jun 17, 2024 Direct F1, F2
transaction PUBM Class A Common Stock Sale -$200K -9.5K -23.47% $21.08 31K Jun 17, 2024 Direct F2, F3, F4

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 -8K -7.58% $0.00 97.6K Jun 17, 2024 Class A Common Stock 8K Direct 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 Includes 1,496 shares of Class A Common Stock acquired by the Reporting Person on May 31, 2024 pursuant to the Issuer's employee stock purchase plan.
F3 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.
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 $21.37. 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.