0001415889-24-019259.txt : 20240703 0001415889-24-019259.hdr.sgml : 20240703 20240703174343 ACCESSION NUMBER: 0001415889-24-019259 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240701 FILED AS OF DATE: 20240703 DATE AS OF CHANGE: 20240703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Goel Rajeev K. CENTRAL INDEX KEY: 0001833511 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39748 FILM NUMBER: 241101097 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] ORGANIZATION NAME: 06 Technology 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 form4-07032024_090740.xml X0508 4 2024-07-01 0001422930 PubMatic, Inc. PUBM 0001833511 Goel Rajeev K. C/O PUBMATIC, INC. 601 MARSHALL STREET REDWOOD CITY CA 94063 true true true false CHIEF EXECUTIVE OFFICER 1 Class A Common Stock 2024-07-01 4 M 0 48689 0 A 48689 D Class A Common Stock 2024-07-02 4 S 0 25978 20.4143 D 22711 D Class A Common Stock 2024-07-01 4 C 0 25000 A 25000 I By Goel Family Trust Class A Common Stock 2024-07-01 4 S 0 25000 20.0774 D 0 I By Goel Family Trust Restricted Stock Unit 0 2024-07-01 4 M 0 11236 0 D Class A Common Stock 11236 67419 D Restricted Stock Unit 0 2024-07-01 4 M 0 23042 0 D Class A Common Stock 23042 230425 D Restricted Stock Unit 0 2024-07-01 4 M 0 14411 0 D Class A Common Stock 14411 201746 D Stock Option (Right to buy Class B Common Stock) 1.11 2024-07-01 4 M 0 25000 0 D 2026-07-07 Class B Common Stock 25000 595187 D Class B Common Stock 2024-07-01 4 M 0 25000 0 A Class A Common Stock 25000 235984 D Class B Common Stock 2024-07-01 4 C 0 25000 0 D Class A Common Stock 25000 210984 D 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 491284 491284 I See footnote The sales reported in this line item 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 this line item is a weighted average price. These shares were sold as part of a block trade for multiple security holders of the Issuer at prices ranging from $20.12 to $20.59, 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 with regard to the block trade. Reflects the transfer of 25,000 shares of Class A Common Stock by the Reporting Person to the Goel Family Trust upon conversion. 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 Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. These securities were transferred by the Reporting Person to The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries, and were sold by the Goel Family Trust as reported herein. Represents the weighted average sale price. The lowest price at which shares were sold was $19.85 and the highest price at which shares were sold was $20.36. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total 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 award 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. The RSUs vest as to 1/16th of the total shares on April 1, 2024, 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. The options are fully vested. 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 2024-07-03