Jeffrey K. Hirsch - 04 Feb 2022 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Signature
/s/ Thomas Chow, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
04 Feb 2022
Transactions value $
$0
Form type
4
Filing time
07 Feb 2022, 17:44:15 UTC
Previous filing
04 Jan 2022
Next filing
04 Apr 2022

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 Unit Award $0 +46.4K $0.00 46.4K 04 Feb 2022 Class A Common Stock 46.4K Direct F1, F2, F3
transaction PUBM Stock Option (Right to buy Class A Common Stock) Award $0 +30.1K $0.00 30.1K 04 Feb 2022 Class A Common Stock 30.1K $26.27 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, 2022, 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 April 1, 2022, 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.