W. Eric Carlborg - May 31, 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
Director
Signature
/s/ Abigail Hipps, Attorney-in-Fact
Stock symbol
PUBM
Transactions as of
May 31, 2023
Transactions value $
$0
Form type
4
Date filed
6/2/2023, 04:28 PM
Previous filing
May 26, 2023
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 Options Exercise $0 +5.19K +1.98% $0.00 268K May 31, 2023 Direct
transaction PUBM Class A Common Stock Options Exercise $0 +9.06K +3.38% $0.00 277K May 31, 2023 Direct
transaction PUBM Class A Common Stock Options Exercise $0 +3.15K +1.14% $0.00 280K May 31, 2023 Direct
transaction PUBM Class A Common Stock Options Exercise $0 +1.87K +0.67% $0.00 282K May 31, 2023 Direct

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 Restricted Stock Units Options Exercise $0 -5.19K -100% $0.00* 0 May 31, 2023 Class A Common Stock 5.19K Direct F1, F2, F3
transaction PUBM Restricted Stock Units Options Exercise $0 -9.06K -100% $0.00* 0 May 31, 2023 Class A Common Stock 9.06K Direct F1, F3, F4
transaction PUBM Restricted Stock Units Options Exercise $0 -3.15K -100% $0.00* 0 May 31, 2023 Class A Common Stock 3.15K Direct F1, F3, F5
transaction PUBM Restricted Stock Units Options Exercise $0 -1.87K -100% $0.00* 0 May 31, 2023 Class A Common Stock 1.87K Direct F1, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

W. Eric Carlborg is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs are fully vested. The RSUs will settle upon the earlier of (a) the Reporting Person's death, (b) the Reporting Person's disability, (c) the occurrence of a change in control of the Issuer, and (d) the separation from service of the Reporting Person from the Issuer.
F3 RSUs do not expire; they either vest are are cancelled prior to vesting date.
F4 The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date, (b) immediately prior to the Issuer's annual meeting of stockholders in 2023, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (i) the third anniversary of the grant date, (ii) the Reporting Person's death or disability, (iii) a change in control of the Issuer, and (iv) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.
F5 The RSUs are fully vested. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (a) the Reporting Person's death or disability, (b) a change in control of the Issuer, and (c) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.
F6 The RSUs fully vested on May 31, 2023. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (a) the Reporting Person's death or disability, (b) a change in control of the Issuer, and (c) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.