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

Role
General Counsel and Secretary
Signature
/s/ Thomas Chow
Stock symbol
PUBM
Transactions as of
Nov 26, 2021
Transactions value $
-$2,529,716
Form type
4
Date filed
11/30/2021, 07:33 PM
Previous filing
Nov 12, 2021
Next filing
Dec 3, 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 +66.9K $0.00 66.9K Nov 26, 2021 Direct
transaction PUBM Class A Common Stock Sale -$1.45M -38.6K -57.72% $37.45 28.3K Nov 26, 2021 Direct F1, F2
transaction PUBM Class A Common Stock Sale -$982K -25.7K -90.81% $38.26 2.6K Nov 26, 2021 Direct F1, F3
transaction PUBM Class A Common Stock Sale -$102K -2.6K -100% $39.06 0 Nov 26, 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 -9.79K -24.48% $0.00 30.2K Nov 26, 2021 Class B Common Stock 9.79K $2.16 Direct F5
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -38.9K -70.67% $0.00 16.1K Nov 26, 2021 Class B Common Stock 38.9K $3.89 Direct F6
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -18.2K -45.56% $0.00 21.8K Nov 26, 2021 Class B Common Stock 18.2K $2.97 Direct F7
transaction PUBM Class B Common Stock Options Exercise $0 +66.9K $0.00 66.9K Nov 26, 2021 Class A Common Stock 66.9K Direct F8
transaction PUBM Class B Common Stock Conversion of derivative security $0 -66.9K -100% $0.00* 0 Nov 26, 2021 Class A Common Stock 66.9K 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.