Julie Eddleman - Jan 26, 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role
Global Chief Comm. Officer
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Julie Eddleman
Stock symbol
DV
Transactions as of
Jan 26, 2022
Transactions value $
-$342,372
Form type
4
Date filed
1/28/2022, 03:03 PM
Previous filing
Dec 14, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $0 +49.3K +75% $0.00 115K Jan 26, 2022 Direct F1
transaction DV Common Stock Tax liability -$342K -14.8K -12.91% $23.06 100K Jan 26, 2022 Direct F2

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 Options Exercise $0 -49.3K -25% $0.00 148K Jan 26, 2022 Common Stock 49.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted on January 28, 2021 and represents a right to receive one share of common stock on a one-to-one basis. 25% of the RSUs vested and were settled on April 20, 2021, upon the initial public offering of common stock of DoubleVerify Holdings, Inc. 25% of the remaining RSUs vested and were settled on January 26, 2022, and the other remaining RSUs will vest at a rate of 6.25% per quarter thereafter, subject to Ms. Eddleman's continued employment through the applicable vesting date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 49,290 RSUs on January 26, 2022.
F3 RSUs convert into common stock on a one-for-one basis.