Mukul Kumar - 31 Dec 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Reporting relationship: President, Engineering
Issuer ticker: PUBM
Reported as of: 31 Dec 2021
Net transaction value: -$16,298
SEC form: 4
Accepted by SEC: 04 Jan 2022, 20:48:45 UTC
Prior SEC filing: 17 Dec 2021
Next SEC filing: 21 Jan 2022
Source filing: View source filing
Reporting owner signature: /s/ Thomas Chow, Attorney-in-Fact

Key filing fact

Mukul Kumar filed Form 4 for PubMatic, Inc. (PUBM) on 04 Jan 2022.

Key facts

This page summarizes Mukul Kumar's Form 4 filing for PubMatic, Inc. (PUBM).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Jan 2022, 20:48.

Change

Previous filing in this sequence was filed on 17 Dec 2021.
Current net transaction value: -$16,298.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PUBM transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +1,055
Change %
Price: $0.000000
Shares after: 1,055
Date: 31 Dec 2021
Ownership: Direct

PUBM transaction

Class A Common Stock

Sale

Transaction value: $8,208
Shares: -241
Change %: -23%
Price: $34.06
Shares after: 814
Date: 03 Jan 2022
Ownership: Direct
Footnotes: F1, F2

PUBM transaction

Class A Common Stock

Sale

Transaction value: $8,089
Shares: -234
Change %: -29%
Price: $34.57
Shares after: 580
Date: 03 Jan 2022
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PUBM transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -1,055
Change %: -7.7%
Price: $0.000000
Shares after: 12,661
Date: 31 Dec 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,055
Exercise price
Footnotes: F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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 saleswere to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.51 to $34.46, 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 in this footnote 2 to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.57 to $34.61, 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 in this footnote 3 to this Form 4.

Footnote F4

Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.

Footnote F5

The RSUs vested as to 1/8 of the total shares on June 30, 2021, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Footnote F6

RSUs do not expire; they either vest or are canceled prior to the vesting date.