Mukul Kumar - 30 Nov 2023 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role
President, Engineering
Signature
/s/ Andrew Woods, Attorney-in-Fact
Issuer symbol
PUBM
Transactions as of
30 Nov 2023
Net transactions value
-$989
Form type
4
Filing time
04 Dec 2023, 16:45:07 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024
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 +130 +0.64% $0.000000 20,525 30 Nov 2023 Direct
transaction PUBM Class A Common Stock Sale $989 -59 -0.29% $16.76 20,466 01 Dec 2023 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 Restricted Stock Unit Award $0 +130 $0.000000 130 30 Nov 2023 Class A Common Stock 130 $0.000000 Direct F3, F4, F5
transaction PUBM Restricted Stock Unit Options Exercise $0 -130 -100% $0.000000* 0 30 Nov 2023 Class A Common Stock 130 $0.000000 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.62 to $16.89, 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 Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of settlement for no consideration.
F4 The RSUs are fully vested.
F5 RSUs do not expire; they either vest or are canceled prior to the vesting date.