PubMatic, Inc. — Director's Dealing 2024

May 30, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PubMatic, Inc. (PUBM)
CIK: 0001422930
Period of Report: 2024-05-15

Reporting Person: Gimbel Lisa (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-15	Class A Common Stock	M	773	—	Acquired	773	Direct
2024-05-16	Class A Common Stock	S	282	$22.8194	Disposed	491	Direct
2024-05-21	Class A Common Stock	S	491	$23.33	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-15	Restricted Stock Units	$	M	773	Disposed		Class A Common Stock (11589)	Direct

Footnotes

F1: The sales reported on this line 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 Column 4 is a weighted average price. These shares were sold at prices ranging from $22.73 to $23.40, 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.

F3: Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.

F4: The RSUs vest as to 1/16 of the total shares quarterly beginning on May 15, 2024, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

F5: RSUs do not expire; they either vest or are canceled prior to the vesting date.