4//SEC Filing
Hirsch Jeffrey K. 4
Accession 0001209191-23-001279
CIK 0001422930other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:56 PM ET
Size
16.2 KB
Accession
0001209191-23-001279
Insider Transaction Report
Form 4
PubMatic, Inc.PUBM
Hirsch Jeffrey K.
Chief Commercial Officer
Transactions
- Sale
Class A Common Stock
2023-01-03$12.96/sh−1,994$25,834→ 9,877 total - Exercise/Conversion
Restricted Stock Unit
2023-01-01−2,903→ 34,833 totalExercise: $0.00→ Class A Common Stock (2,903 underlying) - Exercise/Conversion
Class A Common Stock
2022-12-31+1,306→ 8,968 total - Exercise/Conversion
Class A Common Stock
2023-01-01+2,903→ 11,871 total - Exercise/Conversion
Restricted Stock Unit
2022-12-31−1,306→ 10,450 totalExercise: $0.00→ Class A Common Stock (1,306 underlying) - Sale
Class A Common Stock
2023-01-03$13.15/sh−2,215$29,138→ 7,662 total
Footnotes (8)
- [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 $12.67 to $13.23, 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]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.14 to $13.18, 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.
- [F5]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.
- [F6]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.
- [F7]RSUs do not expire; they either vest or are canceled prior to the vesting date.
- [F8]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.
Documents
Issuer
PubMatic, Inc.
CIK 0001422930
Entity typeother
Related Parties
1- filerCIK 0001834185
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:56 PM ET
- Size
- 16.2 KB