Rajeev K. Goel - Sep 2, 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Thomas Chow, Attorney-in-Fact
Stock symbol: PUBM
Transactions as of: Sep 2, 2021
Transactions value $: -$439,362
Form type: 4
Date filed: 9/3/2021, 01:49 PM
Previous filing: Jun 28, 2021
Next filing: Oct 4, 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	+15K		$0.00	15K	Sep 2, 2021	By The Goel Family Trust	F1
transaction	PUBM	Class A Common Stock	Sale	-$360K	-12.3K	-82.19%	$29.20	2.67K	Sep 2, 2021	By The Goel Family Trust	F1, F2, F3
transaction	PUBM	Class A Common Stock	Sale	-$79.4K	-2.67K	-100%	$29.71	0	Sep 2, 2021	By The Goel Family Trust	F1, F2, 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	Class B Common Stock	Conversion of derivative security	$0	-15K	-1.96%	$0.00	751K	Sep 2, 2021	Class A Common Stock	15K		By The Goel Family Trust	F1, F5

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

Explanation of Responses:

Id	Content
F1	These shares are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
F2	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by The Goel Family Trust.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.58 to $29.57, 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 $29.58 to $29.95, 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	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.