4/A: PubMatic Director Nikhil Ramesh Mehta Receives Corrected Grant of Restricted Stock Units

Nikhil Ramesh Mehta, a director at PubMatic, Inc., received a corrected grant of 8,447 Restricted Stock Units (RSUs) on May 31, 2024, vesting fully on the earliest of several conditions.

Summary

• This is an amendment to a Form 4 filing made on June 4, 2024, correcting the number of Restricted Stock Units (RSUs) granted to director Nikhil Ramesh Mehta on May 31, 2024.
• The corrected filing shows a grant of 8,447 RSUs.
• These RSUs vest in full on the earliest of (a) the first anniversary of the grant date, (b) immediately prior to the Company's annual meeting of stockholders in 2025, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer.
• Upon vesting, each RSU represents the right to receive one share of PubMatic's Class A Common Stock.
• The RSUs do not expire but are either vested or cancelled prior to the vesting date.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error in a previous filing. It doesn't contain any information that would significantly impact investor sentiment, but the correction itself suggests attention to detail.

Industry Context

This filing is a routine disclosure related to director compensation and equity grants, common in publicly traded companies.

Stakeholder Impact

• The correction of the RSU grant ensures transparency and accuracy in reporting to shareholders.

Key Dates