Steven Pantelick - 29 Nov 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: 29 Nov 2021
Net transactions value: -$1,965,366
Form type: 4
Filing time: 01 Dec 2021, 18:48:09 UTC
Previous filing: 04 Jan 2022
Next filing: 07 Feb 2022
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	+50,000	+904%	$0.000000	55,530	29 Nov 2021	Direct
transaction	PUBM	Class A Common Stock	Sale	$1,941,420	-49,400	-89%	$39.30	6,130	29 Nov 2021	Direct	F1
transaction	PUBM	Class A Common Stock	Sale	$23,946	-600	-9.8%	$39.91	5,530	29 Nov 2021	Direct	F2

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	-50,000	-8%	$0.000000	573,264	29 Nov 2021	Class A Common Stock	50,000	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.87 to $39.76, 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 1 to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.89 to $39.92, 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 2 to this Form 4.
F3	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.