Jeffrey K. Hirsch - Dec 1, 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Thomas Chow, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Dec 1, 2021
Transactions value $
-$819,459
Form type
4
Date filed
12/3/2021, 04:27 PM
Previous filing
Nov 12, 2021
Next filing
Jan 4, 2022

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 +20K +790.83% $0.00 22.5K Dec 1, 2021 Direct F1
transaction PUBM Class A Common Stock Sale -$63.7K -1.72K -7.64% $37.01 20.8K Dec 1, 2021 Direct F2, F3
transaction PUBM Class A Common Stock Sale -$33.3K -879 -4.22% $37.89 19.9K Dec 1, 2021 Direct F2, F4
transaction PUBM Class A Common Stock Sale -$231K -5.79K -29.04% $39.97 14.1K Dec 1, 2021 Direct F2, F5
transaction PUBM Class A Common Stock Sale -$441K -10.8K -76.46% $40.81 3.33K Dec 1, 2021 Direct F2, F6
transaction PUBM Class A Common Stock Sale -$33.1K -800 -24.03% $41.34 2.53K Dec 1, 2021 Direct F2, F7
transaction PUBM Class A Common Stock Sale -$16.8K -447 -17.67% $37.59 2.08K Dec 2, 2021 Direct F2

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 -2.33K -5.83% $0.00 37.7K Dec 1, 2021 Class B Common Stock 2.33K $2.97 Direct F8
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -2.67K -2.67% $0.00 97.3K Dec 1, 2021 Class B Common Stock 2.67K $2.16 Direct F9
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -15K -8.57% $0.00 160K Dec 1, 2021 Class B Common Stock 15K $1.11 Direct F10
transaction PUBM Class B Common Stock Options Exercise $0 +20K $0.00 20K Dec 1, 2021 Class A Common Stock 20K Direct F11
transaction PUBM Class B Common Stock Conversion of derivative security $0 -20K -100% $0.00* 0 Dec 1, 2021 Class A Common Stock 20K Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 447 shares of the Issuer's Class A common stock acquired on November 30, 2021 pursuant the Issuer's Employee Stock Purchase Plan.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $36.64 to $37.57, 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 in prices ranging from $37.65 to $38.51, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $39.24 to $40.20, 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 5 to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $40.29 to $41.25, 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 6 to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $41.31 to $41.55, 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 7 to this Form 4.
F8 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.
F9 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.
F10 The options are fully vested.
F11 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.