Michael van der Zweep - 17 May 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Controller
Signature
/s/ Thomas Chow, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
17 May 2021
Net transactions value
-$745
Form type
4
Filing time
18 Aug 2021, 20:32:22 UTC
Next filing
03 Jun 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 Options Exercise $0 +69 $0.000000 69 16 Aug 2021 Direct
transaction PUBM Class A Common Stock Sale $745 -26 -38% $28.66 43 16 Aug 2021 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 Restricted Stock Unit Award $0 +1,104 $0.000000 1,104 17 May 2021 Class A Common Stock 1,104 Direct F2, F3, F4
transaction PUBM Restricted Stock Unit Options Exercise $0 -69 -6.2% $0.000000 1,035 16 Aug 2021 Class A Common Stock 69 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
F2 Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration. Unless otherwise provided, on each vesting date shares of common stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations.
F3 The RSUs vest as to 1/16th of the total shares quarterly, beginning on August 15, 2021, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F4 RSUs do not expire; they either vest or are canceled prior to the vesting date.