Andrew E. Grimmig - Dec 10, 2021 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Legal Officer
Signature: /s/ Andrew E. Grimmig
Stock symbol: DV
Transactions as of: Dec 10, 2021
Transactions value $: $14,438
Form type: 4
Date filed: 12/14/2021, 04:05 PM
Previous filing: Nov 24, 2021
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DV	Common Stock	Purchase	$14.4K	+550	+1.91%	$26.25	29.4K	Nov 30, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DV	Restricted Stock Units	Award	$0	+23.9K		$0.00	23.9K	Dec 10, 2021	Common Stock	23.9K		Direct	F2, F3
transaction	DV	Options (Rights to Buy)	Award	$0	+56.5K		$0.00	56.5K	Dec 10, 2021	Common Stock	56.5K	$31.39	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the DoubleVerify Holdings, Inc. 2021 Employee Stock Purchase Plan (ESPP), the purchase price per share reported reflects a discount of 15% of the lesser of the share price at the first day of the offering period or the purchase date.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The restricted stock units and stock options vest 6.25% on March 15, 2022 (the "Vesting Date") and the remainder of the restricted stock units and stock options vest at a rate of 6.25% on each quarterly anniversary of the Vesting Date.