SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* CNH Capital Co Ltd (Last) (First) (Middle) 9F GOLDEN TOWER 511 SAMSEONG-RO, GANGNAM-GU (Street) SEOUL M5 06158 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol PubMatic, Inc. [ PUBM ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 03/19/2021
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/19/2021		P		10,000	A	$48.06(5)	10,000	I	See Note(1)
Class A Common Stock	03/22/2021		P		5,000	A	$52.18(6)	15,000	I	See Note(1)
Class A Common Stock	03/23/2021		P		2,000	A	$47.32	632,000	I	See Note(4)
Class A Common Stock	03/25/2021		P		5,000	A	$46.26	637,000	I	See Note(4)
Class A Common Stock	03/29/2021		P		20,000	A	$46	657,000	I	See Note(4)
Class A Common Stock	04/06/2021		P		23,000	A	$55.04	$680,000	I	See Note(4)
Class A Common Stock	04/12/2021		P		10,000	A	$54.01	$690,000	I	See Note(4)
Class A Common Stock	04/13/2021		P		1,850	A	$55.25	$691,850	I	See Note(4)
Class A Common Stock	04/20/2021		P		18,150	A	$47.51	$710,000	I	See Note(4)
Class A Common Stock	04/21/2021		P		29,400	A	$48.15(7)	$84,450	I	See Note(2)
Class A Common Stock	04/21/2021		P		600	A	$48.85(8)	$85,050	I	See Note(2)
Class A Common Stock	04/21/2021		P		7,860	A	$46.62	$717,860	I	See Note(4)
Class A Common Stock	04/22/2021		P		10,000	A	$46.69(9)	$95,050	I	See Note(2)
Class A Common Stock	05/04/2021		P		2,140	A	$49.82	$720,000	I	See Note(4)
Class A Common Stock	05/05/2021		P		5,000	A	$44.6	$725,000	I	See Note(4)
Class A Common Stock	05/06/2021		P		7,000	A	$43.01(10)	$102,050	I	See Note(2)
Class A Common Stock	05/06/2021		P		3,000	A	$44.5	$105,050	I	See Note(2)
Class A Common Stock	05/11/2021		P		2,000	A	$36.25(11)	$107,050	I	See Note(2)
Class A Common Stock	05/11/2021		P		3,000	A	$37.58(12)	$110,050	I	See Note(2)
Class A Common Stock	05/12/2021		P		1,000	A	$36	$26,000	I	See Note(3)
Class A Common Stock	05/12/2021		P		12,141	A	$37.56(13)	$38,141	I	See Note(3)
Class A Common Stock	05/18/2021		P		1,958	A	$32.24(14)	$112,008	I	See Note(2)
Class A Common Stock	05/18/2021		P		5,042	A	$33.97(15)	$117,050	I	See Note(2)
Class A Common Stock	05/18/2021		P		3,000	A	$34.49(16)	$120,050	I	See Note(2)
Class A Common Stock	05/19/2021		P		5,000	A	$31.91	$125,050	I	See Note(2)
Class A Common Stock	05/20/2021		P		3,000	A	$33.53(17)	$128,050	I	See Note(2)
Class A Common Stock	05/20/2021		P		2,000	A	$35(18)	$130,050	I	See Note(2)
Class A Common Stock	05/20/2021		P		10,000	A	$34.29	$735,000	I	See Note(4)
Class A Common Stock	05/21/2021		P		2,000	A	$34.68(19)	$132,050	I	See Note(2)
Class A Common Stock	05/21/2021		P		3,000	A	$34.6	$738,000	I	See Note(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Directly by Granite Holdings Co, Ltd. ("Granite"). CNH Co., Ltd. ("CNH") is a subsidiary of Granite. Each of CNH Capital Co., Ltd. ("CNH Capital") and CNH Hospitality Co., Ltd. ("CNH Hospitality") is a subsidiary of CNH. Duk Ho Cho is the majority shareholder of Granite and chairperson of CNH. Because of the relationships described herein, Mr. Cho may be deemed to beneficially own the securities beneficially owned by Granite, Granite may be deemed to beneficially own the securities beneficially owned by CNH and CNH may be deemed to beneficially own the securities held by each of CNH Capital and CNH Hospitality. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.

2. Directly held by CNH Capital.

3. Directly held by CNH Hospitality.

4. Directly held by Duk Ho Cho.

5. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.80 to $48.40, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

6. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $51.90 to $52.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

7. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.80 to $48.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

8. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $48.81 to $48.88, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

9. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $46.30 to $46.90, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

10. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $42.70 to $43.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

11. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $36.00 to $36.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

12. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $37.50 to $37.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

13. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $37.30 to $37.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

14. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.20 to $32.32, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

15. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.40 to $34.35, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

16. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.45 to $34.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

17. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.50 to $33.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

18. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.80 to $35.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

19. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.50 to $35.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of 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 that range.

Remarks:

Because there are more than 30 rows associated with the applicable transactions and EDGAR will not allow for the entry of more than 30 rows on a single Form 4, this Form 4 is being filed in conjunction with a second Form 4 by the Reporting Person. The two Form 4s filed by the Reporting Person on the date hereof should be read together as one consolidated filing.

	CNH Capital Co., Ltd., By: /s/ Woo Seob Kwak, Chief Executive Officer	03/18/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.