PubMatic, Inc. — Director's Dealing 2021

Aug 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PubMatic, Inc. (PUBM)
CIK: 0001422930
Period of Report: 2021-08-16

Reporting Person: August Capital Management V, L.L.C. (10% Owner)
Reporting Person: August Capital Strategic Partners V, L.P. (10% Owner)
Reporting Person: Hornik David (10% Owner)
Reporting Person: Hartenbaum Howard (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-16	Class A common stock	C	1500000	—	Acquired	1889237	Indirect
2021-08-17	Class A common stock	J	1500000	—	Disposed	389237	Indirect
2021-08-17	Class A common stock	J	39568	—	Acquired	79442	Direct
2021-08-12	Class A common stock	G	100	$0.00	Disposed	13144	Direct
2021-08-17	Class A common stock	J	39568	—	Acquired	52712	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-16	Class B common stock	$	C	1500000	Disposed		Class A common stock (1500000)	Indirect

Footnotes

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 that occurs after the closing of the Issuer's initial public offering, except for certain permitted transfers.

F2: These securities are held by August Capital V Special Opportunities, L.P. (the "Fund"). August Capital Management V, L.L.C. is the general partner of the Fund (the "August General Partner") and may be deemed to have sole voting power and sole investment power over the shares held by the Fund. Howard Hartenbaum and David M. Hornik are the members of the August General Partner and they, along with W. Eric Carlborg as a voting party with respect to the Issuer's securities, may be deemed to share voting and investment power with respect to the shares held by the Fund.

F3: Represents a pro-rata in-kind distribution of Class A common stock to the partners of the Fund and the members and assignees of the August General Partner, and not a purchase or sale, without additional consideration.

F4: Shares held directly by David M. Hornik.

F5: Shares held directly by Howard Hartenbaum.