August Capital Management V, L.L.C. 4
4 · PubMatic, Inc. · Filed Dec 11, 2020
Insider Transaction Report
Form 4
PubMatic, Inc.PUBM
August Capital Management V, L.L.C.
10% Owner
Transactions
- Conversion
Class B Common Stock
2020-12-11+7,173,750→ 7,173,750 total(indirect: See footnote)→ Class A Common Stock (7,173,750 underlying) - Conversion
Series D Prime Preferred Stock
2020-12-11−1,036,974→ 0 total(indirect: See footnote)→ Class B Common Stock (1,036,974 underlying) - Conversion
Series D Preferred Stock
2020-12-11−6,136,776→ 0 total(indirect: See footnote)→ Class B Common Stock (6,136,776 underlying)
Footnotes (3)
- [F1]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 that occurs after the closing of the Issuer's initial public offering, except for certain permitted transfers.
- [F2]These securities are held by August Capital V Special Opportunities, L.P., as nominee for August Capital V Special Opportunities, L.P., August Capital Strategic Partners V, L.P. and related individuals (collectively, the August Capital Funds). August Capital Management V, L.L.C. is the general partner of the August Capital Funds and may be deemed to have sole voting power and sole investment power over the shares held by the August Capital Funds. Howard Hartenbaum and David M. Hornik are the members of August Capital Management V, L.L.C. and they, along with W. Eric Carlborg as a voting party with respect to the Issuer's securities, may be deemed to share voting and investment power with respect to the shares held by the August Capital Funds.
- [F3]Each share of Series D Preferred Stock and Series D Prime Preferred Stock automatically converted into one share of Class B common stock immediately prior to the closing of the Issuer's initial public offering. The Series D Preferred Stock and Series D Prime Preferred Stock have no expiration date.