Andrew E. Grimmig - 15 Feb 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role
Chief Legal Officer
Signature
/s/ Andrew E. Grimmig
Issuer symbol
DV
Transactions as of
15 Feb 2022
Net transactions value
-$81,626
Form type
4
Filing time
17 Feb 2022, 15:07:36 UTC
Previous filing
14 Dec 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $0 +7,932 +27% $0.000000 37,343 15 Feb 2022 Direct F1
transaction DV Common Stock Tax liability $81,626 -2,805 -7.5% $29.10 34,538 15 Feb 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 -7,932 -25% $0.000000 23,794 15 Feb 2022 Common Stock 7,932 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 February 17, 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 February 15, 2022, and the remainder of the RSUs will vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment through the applicable vesting date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,932 RSUs on February 15, 2022.
F3 RSUs convert into common stock on a one-for-one basis.