Jeffrey K. Hirsch - 10 Oct 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Chief Commercial Officer
Signature
/s/ Andrew Woods, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
10 Oct 2022
Net transactions value
-$89,810
Form type
4
Filing time
12 Oct 2022, 17:27:37 UTC
Previous filing
06 Oct 2022
Next filing
15 Nov 2022
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 +5,000 +65% $0.000000 12,662 10 Oct 2022 Direct
transaction PUBM Class A Common Stock Sale $89,810 -5,000 -39% $17.96 7,662 10 Oct 2022 Direct F1, F2

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 -3,626 -15% $0.000000 21,277 10 Oct 2022 Class B Common Stock 3,626 $2.97 Direct F3
transaction PUBM Class B Common Stock Options Exercise $0 +3,626 $0.000000 3,626 10 Oct 2022 Class A Common Stock 3,626 Direct F4
transaction PUBM Stock Option (Right to buy Class B Common Stock) Options Exercise $0 -1,374 -2.1% $0.000000 62,904 10 Oct 2022 Class B Common Stock 1,374 $3.89 Direct F5
transaction PUBM Class B Common Stock Options Exercise $0 +1,374 +38% $0.000000 5,000 10 Oct 2022 Class A Common Stock 1,374 Direct F4
transaction PUBM Class B Common Stock Conversion of derivative security $0 -5,000 -100% $0.000000* 0 10 Oct 2022 Class A Common Stock 0 Direct F4
* 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 at prices ranging from $17.78 to $18.34, 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.
F3 The option vested as to 1/48 of the total shares on February 1, 2019, and 1/48 of the total shares vests monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
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.
F5 The option vests as to 1/48 of the total shares on February 1, 2018, 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