Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PUBM | Class A Common Stock | Options Exercise | $0 | +8.69K | +32.48% | $0.00 | 35.4K | Oct 1, 2024 | Direct | |
transaction | PUBM | Class A Common Stock | Sale | -$44.7K | -3.08K | -8.68% | $14.52 | 32.3K | Oct 2, 2024 | Direct | F1, F2 |
transaction | PUBM | Class A Common Stock | Sale | -$40.1K | -2.81K | -8.67% | $14.31 | 29.5K | Oct 3, 2024 | Direct | F3, F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PUBM | Restricted Stock Unit | Options Exercise | $0 | -4.04K | -11.11% | $0.00 | 32.3K | Oct 1, 2024 | Class A Common Stock | 4.04K | $0.00 | Direct | F5, F6, F7 |
transaction | PUBM | Restricted Stock Unit | Options Exercise | $0 | -1.25K | -10% | $0.00 | 11.3K | Oct 1, 2024 | Class A Common Stock | 1.25K | $0.00 | Direct | F5, F7, F8 |
transaction | PUBM | Restricted Stock Unit | Options Exercise | $0 | -3.4K | -7.14% | $0.00 | 44.2K | Oct 1, 2024 | Class A Common Stock | 3.4K | $0.00 | Direct | F5, F7, F9 |
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).
Id | Content |
---|---|
F1 | The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer on October 2, 2024 and October 3, 2024 at prices ranging from $14.32 to $14.77, 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 with regard to the block trade. |
F3 | The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2024. |
F4 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.23 to $14.38 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. |
F5 | Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of settlement for no consideration. |
F6 | The RSUs vested as to 1/4 of the total award on October 1, 2023 and 1/16th of the RSUs will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |
F7 | RSUs do not expire; they either vest or are canceled prior to the vesting date. |
F8 | The RSUs vested as to 1/16th of the total award on April 1, 2023, and 1/16th of the total shares will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |
F9 | The RSUs vest as to 1/16th of the total shares on April 1, 2024, and 1/16th of the total shares will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |