Andrew Woods - 26 Jan 2024 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Andrew Woods
Issuer symbol
PUBM
Transactions as of
26 Jan 2024
Net transactions value
$0
Form type
4
Filing time
31 Jan 2024, 21:28:37 UTC
Previous filing
03 Jan 2024
Next filing
03 Apr 2024

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 Award $0 +54,348 $0.000000 54,348 26 Jan 2024 Class A Common Stock 54,348 Direct F1, F2, F3
transaction PUBM Stock Option (Right to buy Class A Common Stock) Award $0 +54,348 $0.000000 54,348 26 Jan 2024 Class A Common Stock 54,348 $15.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.
F2 The RSUs vest as to 1/16th of the total shares on April 1, 2024, 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.
F3 RSUs do not expire; they either vest or are canceled prior to the vesting date.
F4 The option vests as to 1/48 of the total shares on February 1, 2024, 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.