Steven Pantelick - Mar 4, 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Financial Officer
Signature
/s/ Thomas Chow, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Mar 4, 2022
Transactions value $
-$649,800
Form type
4
Date filed
3/8/2022, 07:57 PM
Previous filing
Feb 7, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUBM Class A Common Stock Options Exercise $0 +30K +385.06% $0.00 37.8K Mar 4, 2022 Direct
transaction PUBM Class A Common Stock Sale -$650K -30K -79.38% $21.66 7.79K Mar 4, 2022 Direct F1

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 -30K -6.55% $0.00 428K Mar 4, 2022 Class A Common Stock 30K $0.00 Direct F2
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -29.7K -16.66% $0.00 149K Mar 4, 2022 Class B Common Stock 29.7K $3.89 Direct F3
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -1 0% $0.00 200K Mar 4, 2022 Class B Common Stock 1 $2.16 Direct F4
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -9.38K -6.25% $0.00 141K Mar 4, 2022 Class B Common Stock 9.38K $2.97 Direct F5
transaction PUBM Class B Common Stock Options Exercise $0 +39.1K +9.13% $0.00 467K Mar 4, 2022 Class A Common Stock 39.1K $0.00 Direct F2
* 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 $21.54 to $21.76, 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 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.
F3 The option vested as to 1/48 of the total shares on February 1, 2018, and 1/48 of the total shares vests monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F4 The option vested as to 1/48 of the total shares on February 1, 2020, and 1/48 of the total shares vests monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F5 The option vested as to 1/48 of the total shares on February 1, 2019, and 1/48 of the total shares vests monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.