Pantelick Steven's Form 4/A amendment
AmendedPubMatic, Inc. (PUBM) · filed Oct 7, 2024
- Accession no.
- 0001415889-24-024828
- Filed
- Oct 7, 2024
- Trade date
- Oct 1-3, 2024
- Filing delay
- 6 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Oct 3, 2024
This filing lists 4 non-derivative transactions and 4 derivative transactions. Open-market sales total $413.0K. It was filed 6 days after the trade.
This amendment replaces 0001415889-24-024690 (filed Oct 3, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Pantelick StevenCIK 0001833465 | Officer (CHIEF FINANCIAL OFFICER) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +23,558 | $0.00 | $0 | 47,178 | Direct | |
| Oct 2, 2024 | Class A Common Stock | SSaleDisposed | −11,841 | $14.52F2 | −$171,931.32 | 35,337 | Direct | |
| Oct 3, 2024 | Class A Common Stock | CConversionAcquired | +4,000 | $0.00F3 | $0 | 39,337 | Direct | |
| Oct 3, 2024 | Class A Common Stock | SSaleDisposed | −16,831 | $14.32F5 | −$241,019.92 | 22,506 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −5,057 | $0.00 | $0 | 25,282 | Direct | |
| Oct 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −9,546 | $0.00 | $0 | 85,916 | Direct | |
| Oct 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −8,955 | $0.00 | $0 | 116,416 | Direct | |
| Oct 3, 2024 | Class A Common Stock | CConversionDisposed | −4,000 | $0.00 | $0 | 324,026 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
- F2
The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer on October 2, 2024 and October 3, 2024 at prices ranging from $14.32 to $14.77, 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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
Referenced by the price of 1 transaction in Table I.
- F4
The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2024.
- F5
The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $14.22 to $14.49, 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.
Referenced by the price of 1 transaction in Table I.
- F6
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.
- F7
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.
- F8
RSUs do not expire; they either vest or are canceled prior to the vesting date.
- F9
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.
- F10
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.
- F11
The Reporting Person and his children are beneficiaries of PSLT DE LLC.
- F12
The Reporting Person's spouse and his children are beneficiaries of SMP DE LLC.
Remarks
This amendment to Form 4 filed on October 3, 2024 (the "Form 4") (a) corrects the number of shares sold by the Reporting Person on October 3, 2024, (b) includes the conversion of 4,000 shares of Class B Common Stock to Class A Common Stock on October 3, 2024, and (c) amends and restates the Form 4 in its entirety