Jeffrey K. Hirsch - 31 Mar 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Apr 2023, 16:17:56 UTC
Prior SEC filing
02 Feb 2023
Next SEC filing
11 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew Woods, Attorney-in-Fact

Key filing fact

Jeffrey K. Hirsch filed Form 4 for PubMatic, Inc. (PUBM) on 04 Apr 2023.

Key facts

  • This page summarizes Jeffrey K. Hirsch's Form 4 filing for PubMatic, Inc. (PUBM).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 04 Apr 2023, 16:17.

Change

  • Previous filing in this sequence was filed on 02 Feb 2023.
  • Current net transaction value: -$50,460.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PUBM transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,306
Change %
+17%
Price
$0.000000
Shares after
8,968
Date
31 Mar 2023
Ownership
Direct
PUBM transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+2,903
Change %
+32%
Price
$0.000000
Shares after
11,871
Date
01 Apr 2023
Ownership
Direct
PUBM transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+5,596
Change %
+47%
Price
$0.000000
Shares after
17,467
Date
01 Apr 2023
Ownership
Direct
PUBM transaction

Class A Common Stock

Sale

Transaction value
$50,460
Shares
-3,683
Change %
-21%
Price
$13.70
Shares after
13,784
Date
03 Apr 2023
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PUBM transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,306
Change %
-12%
Price
$0.000000
Shares after
9,144
Date
31 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,306
Exercise price
$0.000000
Footnotes
F3, F4, F5
PUBM transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-2,903
Change %
-8.4%
Price
$0.000000
Shares after
31,841
Date
01 Apr 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,903
Exercise price
$0.000000
Footnotes
F3, F5, F6
PUBM transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-5,596
Change %
-6.2%
Price
$0.000000
Shares after
83,941
Date
01 Apr 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,596
Exercise price
$0.000000
Footnotes
F3, F5, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jeffrey K. Hirsch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.48 to $13.86, 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 herein.

Footnote F3

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.

Footnote F4

The RSUs vested as to 1/8 of the total shares on June 30, 2021, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Footnote F5

RSUs do not expire; they either vest or are canceled prior to the vesting date.

Footnote F6

The RSUs vested as to 1/16th of the total shares on April 1, 2022, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Footnote F7

The RSUs vest as to 1/16th of the total shares on April 1, 2023, and 1/16th of the total shares will vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

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