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Filing Details

Accession Number:: 0001209191-23-022694
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-04-04 16:19:01
Reporting Period:: 2023-03-31

Accepted Time:: 2023-04-04 16:19:01
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
1833465	Steven Pantelick	C/O Pubmatic, Inc. 601 Marshall Street Redwood City CA 94063	Chief Financial Officer	No	Yes	No	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	2,261	$0.00	13,562	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-04-01	5,056	$0.00	18,618	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-04-01	9,546	$0.00	28,164	No	4	M	Direct
Class A Common Stock	Disposition	2023-04-03	6,049	$13.70	22,115	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	2,261	$0.00	2,261	$0.00
Class A Common Stock	Restricted Stock Unit	Disposition	2023-04-01	5,056	$0.00	5,056	$0.00
Class A Common Stock	Restricted Stock Unit	Disposition	2023-04-01	9,546	$0.00	9,546	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,826	No	4	M	Direct
55,621	No	4	M	Direct
143,193	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			419,860	419,860	Direct
Class A Common Stock	Class B Common Stock	$0.00			115,000	115,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	419,860	419,860	Direct
	115,000	115,000	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 ("RSUs"). The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.48 to $13.86, 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.
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.