0001209191-23-041408.txt : 20230705
0001209191-23-041408.hdr.sgml : 20230705
20230705211605
ACCESSION NUMBER: 0001209191-23-041408
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230701
FILED AS OF DATE: 20230705
DATE AS OF CHANGE: 20230705
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Goel Rajeev K.
CENTRAL INDEX KEY: 0001833511
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39748
FILM NUMBER: 231071818
MAIL ADDRESS:
STREET 1: C/O PUBMATIC, INC.
STREET 2: 3 LAGOON DRIVE, SUITE 180
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PubMatic, Inc.
CENTRAL INDEX KEY: 0001422930
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 205863224
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 601 MARSHALL STREET
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
BUSINESS PHONE: 650-331-3485
MAIL ADDRESS:
STREET 1: 601 MARSHALL STREET
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
FORMER COMPANY:
FORMER CONFORMED NAME: PUBMATIC, INC.
DATE OF NAME CHANGE: 20140306
FORMER COMPANY:
FORMER CONFORMED NAME: Komli Inc
DATE OF NAME CHANGE: 20080107
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-07-01
0
0001422930
PubMatic, Inc.
PUBM
0001833511
Goel Rajeev K.
C/O PUBMATIC, INC.
601 MARSHALL STREET
REDWOOD CITY
CA
94063
1
1
1
0
Chief Executive Officer
1
Class A Common Stock
2023-07-01
4
M
0
34278
0.00
A
68114
D
Class A Common Stock
2023-07-03
4
S
0
18005
18.1022
D
50109
D
Class A Common Stock
2023-07-05
4
C
0
7500
0.00
A
7500
I
See footnote
Class A Common Stock
2023-07-05
4
S
0
7500
17.8582
D
0
I
See footnote
Restricted Stock Unit
0.00
2023-07-01
4
M
0
11236
0.00
D
Class A Common Stock
11236
112365
D
Restricted Stock Unit
0.00
2023-07-01
4
M
0
23042
0.00
D
Class A Common Stock
23042
322595
D
Class B Common Stock
2023-07-05
4
C
0
7500
0.00
D
Class A Common Stock
7500
495913
I
See footnote
Class B Common Stock
Class A Common Stock
581260
581260
I
See footnote
Class B Common Stock
Class A Common Stock
400000
400000
I
See footnote
Class B Common Stock
Class A Common Stock
68616
68616
I
See footnote
Class B Common Stock
Class A Common Stock
308775
308775
I
See footnote
Class B Common Stock
Class A Common Stock
308775
308775
I
See footnote
Class B Common Stock
Class A Common Stock
210984
210984
D
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 $18.00 to $18.21, 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.
These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by The Goel Family Trust on March 1, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.75 to $17.975, 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 settlement for no consideration.
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.
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, 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 securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
These securities are held by The Goel Heritage Trust, of which the Reporting Person's children are beneficiaries. 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 Goel Family Gift Trust, of which family members and certain other individuals are beneficiaries. 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 a trust for the benefit of the Reporting Person's child. 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.
/s/ Andrew Woods, Attorney-in-Fact
2023-07-05