Michael van der Zweep - 23 Dec 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Controller
Signature
/s/ Thomas Chow, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
23 Dec 2021
Net transactions value
$0
Form type
4
Filing time
27 Dec 2021, 19:52:22 UTC
Previous filing
03 Dec 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

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 -3,646 -32% $0.000000 7,656 23 Dec 2021 Class B Common Stock 3,646 $2.97 Direct F1, F2
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -10,416 -23% $0.000000 35,417 23 Dec 2021 Class B Common Stock 10,416 $5.29 Direct F2, F3
transaction PUBM Class B Common Stock Options Exercise $0 +14,062 +38% $0.000000 51,192 23 Dec 2021 Class A Common Stock 14,062 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested as to 1/48 of the total shares on October 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 vestingdate.
F2 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 that occurs after the closing of the Issuer's initial public offering, except for certain permitted transfers.
F3 The option vested as to 1/48 of the total shares on November 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 vestingdate.
F4 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.