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Filing Details

Accession Number:: 0001209191-23-022683
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-04-04 16:17:05
Reporting Period:: 2023-03-31

Accepted Time:: 2023-04-04 16:17:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1422930	Pubmatic Inc.	PUBM	Services-Computer Programming, Data Processing, Etc. (7370)	205863224

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1833508	K. Amar Goel	C/O Pubmatic, Inc. 601 Marshall Street Redwood City CA 94063	Chairman, Chief Innovation Off	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2023-03-31	1,004	$0.00	1,004	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-04-01	2,992	$0.00	3,996	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-04-01	2,030	$0.00	6,026	No	4	M	Direct
Class A Common Stock	Disposition	2023-04-03	2,140	$13.70	3,886	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Unit	Disposition	2023-03-31	1,004	$0.00	1,004	$0.00
Class A Common Stock	Restricted Stock Unit	Disposition	2023-04-01	2,992	$0.00	2,992	$0.00
Class A Common Stock	Restricted Stock Unit	Disposition	2023-04-01	2,030	$0.00	2,030	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,034	No	4	M	Direct
32,920	No	4	M	Direct
30,449	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00	1,269,136	1,269,136	Indirect
Class A Common Stock	Class B Common Stock	$0.00	791,000	791,000	Indirect
Class A Common Stock	Class B Common Stock	$0.00	791,000	791,000	Indirect
Class A Common Stock	Class B Common Stock	$0.00	559,652	559,652	Indirect
Class A Common Stock	Class B Common Stock	$0.00	559,652	559,652	Indirect
Class A Common Stock	Class B Common Stock	$0.00	443,414	443,414	Indirect

Amount	Remaning Holdings	Nature of Ownership
1,269,136	1,269,136	Indirect
791,000	791,000	Indirect
791,000	791,000	Indirect
559,652	559,652	Indirect
559,652	559,652	Indirect
443,414	443,414	Indirect

Footnotes

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. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.48 to $13.86 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder 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.
Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.
The RSUs vested as to 1/8 of the total shares on June 30, 2021, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
RSUs do not expire; they either vest or are canceled prior to the vesting date.
The RSUs vested as to 1/16th of the total shares on April 1, 2022, and 1/16th of the total shares vest quarterly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
The RSUs vest as to 1/16th of the total shares on April 1, 2023, 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.
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.
These shares are held by the Birchwood Trust, of which the Reporting Person and his spouse are beneficiaries.
These shares are held by the Marais Irrevocable Trust, of which the Reporting Person's spouse is a beneficiary. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
These shares are held by the Tuscan Irrevocable Trust, of which the Reporting Person is a beneficiary.
These shares are held by the RAJN Trust-A, of which one of the Reporting Person's children is a beneficiary. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
These shares are held by the RAJN Trust-N, of which one of the Reporting Person's children is a beneficiary. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.