Michael van der Zweep - Nov 10, 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Controller
Signature
/s/ Thomas Chow, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
Nov 10, 2021
Transactions value $
-$817,320
Form type
4
Date filed
11/12/2021, 05:04 PM
Previous filing
Jun 15, 2021
Next filing
Nov 17, 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 +20.4K +47360.47% $0.00 20.4K Nov 10, 2021 Direct
transaction PUBM Class A Common Stock Sale -$797K -19.9K -97.34% $40.11 543 Nov 10, 2021 Direct F1, F2
transaction PUBM Class A Common Stock Sale -$20.5K -500 -92.08% $41.07 43 Nov 10, 2021 Direct F1, F3

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 -4.17K -8.33% $0.00 45.8K Nov 10, 2021 Class B Common Stock 4.17K $5.29 Direct F4
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -6.2K -35.42% $0.00 11.3K Nov 10, 2021 Class B Common Stock 6.2K $2.97 Direct F5
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -10K -100% $0.00* 0 Nov 10, 2021 Class B Common Stock 10K $2.15 Direct F6
transaction PUBM Class B Common Stock Options Exercise $0 +20.4K +40.86% $0.00 70.2K Nov 10, 2021 Class A Common Stock 20.4K Direct F7
transaction PUBM Class B Common Stock Conversion of derivative security $0 -20.4K -29.01% $0.00 49.8K Nov 10, 2021 Class A Common Stock 20.4K Direct F7
* 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 $40.00 to $40.98, 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 $41.00 to $41.15, 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 options vest as to 1/48 of the total shares on November 1, 2020, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F5 The options vest as to 1/48 of the total shares on October 1, 2019, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F6 The options are fully vested.
F7 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.