Goel Amar K.'s Form 4/A amendment
AmendedPubMatic, Inc. (PUBM) · filed Oct 7, 2024
- Accession no.
- 0001415889-24-024830
- Filed
- Oct 7, 2024
- Trade date
- Jul 1-3, 2024
- Filing delay
- 98 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jul 3, 2024
This filing lists 3 non-derivative transactions and 3 derivative transactions. Open-market sales total $148.0K. It was filed 98 days after the trade.
This amendment replaces 0001415889-24-019244 (filed Jul 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 |
|---|---|
| Goel Amar K.CIK 0001833508 | Director, Officer (CHAIRMAN, CHIEF INNOVATION OFF) |
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 |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +9,192 | $0.00 | $0 | 12,452 | Direct | |
| Jul 2, 2024 | Class A Common Stock | SSaleDisposed | −3,455 | $20.41F2 | −$70,516.55 | 8,997 | Direct | |
| Jul 3, 2024 | Class A Common Stock | SSaleDisposed | −3,755 | $20.64F4 | −$77,503.2 | 5,242 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −2,993 | $0.00 | $0 | 17,956 | Direct | |
| Jul 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −2,030 | $0.00 | $0 | 20,299 | Direct | |
| Jul 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −4,169 | $0.00 | $0 | 58,362 | 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 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 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.
Referenced by the price of 1 transaction in Table I.
- F3
The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2023.
- F4
The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $20.38 to $20.75, 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.
- F5
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.
- F6
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.
- 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 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.
- F9
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.
- F10
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.
- F11
These shares are held by the Birchwood Trust, of which the Reporting Person and his spouse are beneficiaries.
- F12
These shares are held by the Tuscan Irrevocable Trust, of which the Reporting Person is a beneficiary.
- F13
These shares are held by the Marais Irrevocable Trust, of which the Reporting Person's spouse is a beneficiary. 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.
- F14
These shares are held by the RAJN Trust-A, of which one of the Reporting Person's children is a beneficiary. 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.
- F15
These shares are held by the RAJN Trust-N, of which one of the Reporting Person's children is a beneficiary. 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.
- F16
These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
Remarks
This amendment to Form 4 filed on July 3, 2024 (the "Form 4") restates the Form 4 in its entirety and is filed to correct the date of the earliest transaction reported in Box 3 to July 1, 2024.