Thomas C. Chow - 26 Nov 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
General Counsel and Secretary
Signature
/s/ Thomas Chow
Issuer symbol
PUBM
Transactions as of
26 Nov 2021
Net transactions value
-$2,529,716
Form type
4
Filing time
30 Nov 2021, 19:33:22 UTC
Previous filing
12 Nov 2021
Next filing
03 Dec 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 +66,882 $0.000000 66,882 26 Nov 2021 Direct
transaction PUBM Class A Common Stock Sale $1,445,720 -38,604 -58% $37.45 28,278 26 Nov 2021 Direct F1, F2
transaction PUBM Class A Common Stock Sale $982,440 -25,678 -91% $38.26 2,600 26 Nov 2021 Direct F1, F3
transaction PUBM Class A Common Stock Sale $101,556 -2,600 -100% $39.06 0 26 Nov 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 -9,792 -24% $0.000000 30,208 26 Nov 2021 Class B Common Stock 9,792 $2.16 Direct F5
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -38,867 -71% $0.000000 16,133 26 Nov 2021 Class B Common Stock 38,867 $3.89 Direct F6
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -18,223 -46% $0.000000 21,777 26 Nov 2021 Class B Common Stock 18,223 $2.97 Direct F7
transaction PUBM Class B Common Stock Options Exercise $0 +66,882 $0.000000 66,882 26 Nov 2021 Class A Common Stock 66,882 Direct F8
transaction PUBM Class B Common Stock Conversion of derivative security $0 -66,882 -100% $0.000000* 0 26 Nov 2021 Class A Common Stock 66,882 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $36.81 to $37.80, 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 in prices ranging from $37.81 to $38.80, 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 in prices ranging from $38.83 to $39.35, 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 option vested as to 1/48 of the total shares on February 1, 2020, and 1/48 of the total shares vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F6 The option vested as to 25% of the total shares on July 10, 2019, and 1/4 of the total shares vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F7 The option vested as to 1/48 of the total shares on February 1, 2019, and 1/48 of the total shares vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F8 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.