Draper Associates L P - May 17, 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: 10%+ Owner
Signature: Draper Associates, L.P., By: Draper Management Company, LLC (General Partner, By: /s/ Timothy C. Draper, Name: Timothy C. Draper, Title: Managing Member
Stock symbol: PUBM
Transactions as of: May 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/19/2021, 02:30 PM
Next filing: Jun 2, 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	Conversion of derivative security	$0	+283K		$0.00	283K	May 18, 2021	By Draper Associates, L.P.	F1
transaction	PUBM	Class A Common Stock	Conversion of derivative security	$0	+3.29M		$0.00	3.29M	May 17, 2021	By Draper Fisher Jurvetson Fund VIII, L.P.	F2
transaction	PUBM	Class A Common Stock	Conversion of derivative security	$0	+73.1K		$0.00	73.1K	May 17, 2021	By Draper Fisher Jurvetson Partners VIII, LLC	F3
transaction	PUBM	Class A Common Stock	Conversion of derivative security	$0	+4.91K		$0.00	4.91K	May 18, 2021	By Draper Associates Riskmasters Fund II, LLC	F5
transaction	PUBM	Class A Common Stock	Conversion of derivative security	$0	+4.15K		$0.00	4.15K	May 18, 2021	By Draper Associates Riskmasters Fund III, LLC	F6

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	Class B Common Stock	Conversion of derivative security	$0	-283K	-100%	$0.00^*	0	May 18, 2021	Class A Common Stock	283K		By Draper Associates, L.P.	F1, F4
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-3.29M	-100%	$0.00^*	0	May 17, 2021	Class A Common Stock	3.29M		By Draper Fisher Jurvetson Fund VIII, L.P.	F2, F4
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-73.1K	-100%	$0.00^*	0	May 17, 2021	Class A Common Stock	73.1K		By Draper Fisher Jurvetson Partners VIII, LLC	F3, F4
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-4.91K	-100%	$0.00^*	0	May 18, 2021	Class A Common Stock	4.91K		By Draper Associates Riskmasters Fund II, LLC	F4, F5
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-4.15K	-100%	$0.00^*	0	May 18, 2021	Class A Common Stock	4.15K		By Draper Associates Riskmasters Fund III, LLC	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held of record by Draper Associates, L.P. ("DALP"). DALP invests lockstep alongside Draper Fisher Jurvetson Fund VIII, L.P ("Fund VIII"). The General Partner of DALP is Draper Management Company, LLC ("DMC"). The Managing Member of DMC is Timothy C. Draper. Mr. Draper may be deemed to have voting and investment power over the securities held by DALP. Mr. Draper disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F2	These shares are held of record by Fund VIII. Timothy C. Draper and John H.N. Fisher are Managing Directors of the general partner entities of Fund VIII (Draper Fisher Jurvetson Fund VIII Partners, L.P. and DFJ VIII, Ltd) and as such, they may be deemed to have voting and investment power with respect to such shares. Mr. Draper and Mr. Fisher (and the general partners of Fund VIII) each disclaims beneficial ownership over such securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3	These shares are held of record by Draper Fisher Jurvetson Partners VIII, LLC ("Fund VIII LLC") which is a side-by-side fund of Fund VIII. Fund VIII LLC invests lockstep alongside Fund VIII. The Managing Members of Fund VIII LLC are Timothy C. Draper and John H.N. Fisher and as such, they may be deemed to have voting and investment power with respect to such shares. Mr. Draper and Mr. Fisher each disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4	Each outstanding share of Class B Common Stock converted at the option of the Reporting Person into one share of Class A Common Stock.
F5	These shares are held of record by Draper Associates Riskmasters Fund II, LLC ("DARF II"). DARF II invests lockstep alongside Fund VIII. The Managing Member of DARF II is Timothy C. Draper. Mr. Draper may be deemed to have voting and investment power over the securities held by DARF II. Mr. Draper disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6	These shares are held of record by Draper Associates Riskmasters Fund III, LLC ("DARF III"). DARF III invests lockstep alongside Fund VIII. The Managing Member of DARF III is Timothy C. Draper. Mr. Draper may be deemed to have voting and investment power over the securities held by DARF III. Mr. Draper disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.