Steven Pantelick - Jun 24, 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Thomas Chow, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Jun 24, 2021
Transactions value $
-$1,017,165
Form type
4
Date filed
6/28/2021, 04:40 PM
Previous filing
Jun 28, 2021
Next filing
Jul 2, 2021

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 +25K $0.00 25K Jun 24, 2021 Direct
transaction PUBM Class A Common Stock Sale -$683K -16.9K -67.65% $40.37 8.09K Jun 24, 2021 Direct F1, F2
transaction PUBM Class A Common Stock Sale -$322K -7.79K -96.29% $41.32 300 Jun 24, 2021 Direct F1, F3
transaction PUBM Class A Common Stock Sale -$12.6K -300 -100% $42.09 0 Jun 24, 2021 Direct F1, 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 Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -3.35K -1.91% $0.00 172K Jun 24, 2021 Class B Common Stock 3.35K $2.15 Direct F5
transaction PUBM Class B Common Stock Options Exercise $0 +3.35K +1.25% $0.00 270K Jun 24, 2021 Class A Common Stock 3.35K $0.00 Direct F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -3.35K -1.24% $0.00 267K Jun 24, 2021 Class A Common Stock 3.35K $0.00 Direct F6
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -21.7K -10.83% $0.00 178K Jun 24, 2021 Class B Common Stock 21.7K $3.89 Direct F7
transaction PUBM Class B Common Stock Options Exercise $0 +21.7K +8.12% $0.00 288K Jun 24, 2021 Class A Common Stock 21.7K $0.00 Direct F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -21.7K -7.51% $0.00 267K Jun 24, 2021 Class A Common Stock 21.7K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.96, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.92, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.07 to $42.10, 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 4 to this Form 4.
F5 The options are fully vested.
F6 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.
F7 The options vest as to 1/48 of the total shares on February 1, 2018, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.