Goel Rajeev K.'s Form 4/A amendment
AmendedPubMatic, Inc. (PUBM) · filed Feb 13, 2025
- Accession no.
- 0001415889-25-003948
- Filed
- Feb 13, 2025
- Trade date
- Feb 3-4, 2025
- Filing delay
- 10 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Feb 5, 2025
This filing lists 3 non-derivative transactions and 3 derivative transactions. It carries over 2 transactions from the original filing that it did not restate. Open-market sales total $378.5K. It was filed 10 days after the trade.
This amendment restates part of 0001415889-25-003139 (filed Feb 5, 2025). The transactions it did not restate still count and are listed below.
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 Rajeev K.CIK 0001833511 | Director, Officer (CHIEF EXECUTIVE OFFICER), 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2025 | Class A Common Stock | CConversionAcquired | +19,104 | –F1 | – | 25,000 | Indirect | |
| Feb 3, 2025 | Class A Common Stock | SSaleDisposed | −24,891 | $15.14F5 | −$376,849.74 | 109 | Indirect | |
| Feb 4, 2025 | Class A Common Stock | SSaleDisposed | −109 | $15.24F6 | −$1,661.16 | 0 | Indirect |
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 |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2025 | Class B Common Stock | MOption exerciseDisposed | −19,104 | $0.00 | $0 | 498,016 | Direct | |
| Feb 3, 2025 | Class A Common Stock | MOption exerciseAcquired | +19,104 | $1.11 | +$21,205.44 | 230,088 | Direct | |
| Feb 3, 2025 | Class A Common Stock | CConversionDisposed | −19,104 | $0.00 | $0 | 210,984 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001415889-25-003139 (filed Feb 5, 2025).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 4, 2025 | Class A Common Stock | CConversionAcquired | +109 | –F1 | – | 6,005 | Indirect |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 4, 2025 | Class A Common Stock | CConversionDisposed | −109 | $0.00 | $0 | 210,984 | Indirect |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F1
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.
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
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.
- F2
Reflects the transfer of 25,000 shares of Class A Common Stock by the Reporting Person to the Goel Family Trust.
- F3
These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
- F4
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.
- F5
Represents the weighted average sale price. The lowest price at which shares were sold was $14.68 and the highest price at which shares were sold was $15.335. 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.
Referenced by the price of 1 transaction in Table I.
- F6
Represents the weighted average sale price. The lowest price at which shares were sold was $15.22 and the highest price at which shares were sold was $15.275. 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.
Referenced by the price of 1 transaction in Table I.
- F7
The options are fully vested.
- F8
These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
- F9
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.
- F10
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.
- F11
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.
Remarks
This amendment to Form 4 filed on February 5, 2025 amends and restates in its entirety the information reported therein to reflect corrections to the number of options exercised and converted from Class B common stock to Class A common stock on February 3, 2025.