Steven Pantelick - 04 Mar 2022 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: 04 Mar 2022
Net transactions value: -$649,800
Form type: 4
Filing time: 08 Mar 2022, 19:57:57 UTC
Previous filing: 07 Feb 2022
Next filing: 04 Apr 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	Options Exercise	$0	+30,000	+385%	$0.000000	37,791	04 Mar 2022	Direct
transaction	PUBM	Class A Common Stock	Sale	$649,800	-30,000	-79%	$21.66	7,791	04 Mar 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	-30,000	-6.5%	$0.000000	428,264	04 Mar 2022	Class A Common Stock	30,000	$0.000000	Direct	F2
transaction	PUBM	Stock Option (Right to buy Class B Common Stock)	Options Exercise	$0	-29,720	-17%	$0.000000	148,626	04 Mar 2022	Class B Common Stock	29,720	$3.89	Direct	F3
transaction	PUBM	Stock Option (Right to buy Class B Common Stock)	Options Exercise	$0	-1	-0%	$0.000000	199,999	04 Mar 2022	Class B Common Stock	1	$2.16	Direct	F4
transaction	PUBM	Stock Option (Right to buy Class B Common Stock)	Options Exercise	$0	-9,375	-6.2%	$0.000000	140,625	04 Mar 2022	Class B Common Stock	9,375	$2.97	Direct	F5
transaction	PUBM	Class B Common Stock	Options Exercise	$0	+39,096	+9.1%	$0.000000	467,360	04 Mar 2022	Class A Common Stock	39,096	$0.000000	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.