Mukul Kumar - 03 Jun 2021 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: President, Engineering
Signature: /s/ Thomas Chow, Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 03 Jun 2021
Net transactions value: -$2,832,500
Form type: 4
Filing time: 07 Jun 2021, 16:26:29 UTC
Previous filing: 03 Jun 2021
Next filing: 02 Jul 2021
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	+50,000		$0.000000	50,000	03 Jun 2021	Direct
transaction	PUBM	Class A Common Stock	Sale	$1,417,000	-50,000	-100%	$28.34	0	03 Jun 2021	Direct	F1, F2
transaction	PUBM	Class A Common Stock	Conversion of derivative security	$0	+50,000		$0.000000	50,000	04 Jun 2021	Direct
transaction	PUBM	Class A Common Stock	Sale	$1,415,500	-50,000	-100%	$28.31	0	04 Jun 2021	Direct	F1, F3

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	-50,000	-50%	$0.000000	50,000	03 Jun 2021	Class B Common Stock	50,000	$1.50	Direct	F4
transaction	PUBM	Class B Common Stock	Options Exercise	$0	+50,000	+19%	$0.000000	320,000	03 Jun 2021	Class A Common Stock	50,000	$0.000000	Direct	F5
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-50,000	-16%	$0.000000	270,000	03 Jun 2021	Class A Common Stock	50,000	$0.000000	Direct	F5
transaction	PUBM	Stock Option (Right to buy Class B Common Stock)	Options Exercise	$0	-50,000	-100%	$0.000000^*	0	04 Jun 2021	Class B Common Stock	50,000	$1.50	Direct	F4
transaction	PUBM	Class B Common Stock	Options Exercise	$0	+50,000	+19%	$0.000000	320,000	04 Jun 2021	Class A Common Stock	50,000	$0.000000	Direct	F5
transaction	PUBM	Class B Common Stock	Conversion of derivative security	$0	-50,000	-16%	$0.000000	270,000	04 Jun 2021	Class A Common Stock	50,000	$0.000000	Direct	F5

* 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 on March 5, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.62 to $29.13, 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 in this footnote 2 to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.25 to $29.43, 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 in this footnote 3 to this Form 4.
F4	The options are fully vested.
F5	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.