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

Role
Chief Financial Officer
Signature
/s/ Thomas Chow, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
24 Jun 2021
Net transactions value
-$1,017,165
Form type
4
Filing time
28 Jun 2021, 16:40:22 UTC
Previous filing
28 Jun 2021
Next filing
02 Jul 2021
SEC
View on sec.gov

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 +25,000 $0.000000 25,000 24 Jun 2021 Direct
transaction PUBM Class A Common Stock Sale $682,737 -16,912 -68% $40.37 8,088 24 Jun 2021 Direct F1, F2
transaction PUBM Class A Common Stock Sale $321,800 -7,788 -96% $41.32 300 24 Jun 2021 Direct F1, F3
transaction PUBM Class A Common Stock Sale $12,627 -300 -100% $42.09 0 24 Jun 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 -3,346 -1.9% $0.000000 171,654 24 Jun 2021 Class B Common Stock 3,346 $2.15 Direct F5
transaction PUBM Class B Common Stock Options Exercise $0 +3,346 +1.3% $0.000000 270,010 24 Jun 2021 Class A Common Stock 3,346 $0.000000 Direct F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -3,346 -1.2% $0.000000 266,664 24 Jun 2021 Class A Common Stock 3,346 $0.000000 Direct F6
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -21,654 -11% $0.000000 178,346 24 Jun 2021 Class B Common Stock 21,654 $3.89 Direct F7
transaction PUBM Class B Common Stock Options Exercise $0 +21,654 +8.1% $0.000000 288,318 24 Jun 2021 Class A Common Stock 21,654 $0.000000 Direct F6
transaction PUBM Class B Common Stock Conversion of derivative security $0 -21,654 -7.5% $0.000000 266,664 24 Jun 2021 Class A Common Stock 21,654 $0.000000 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.