Mark Zagorski - 30 Jun 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Executive Officer, Director
Signature: /s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Issuer symbol: DV
Transactions as of: 30 Jun 2022
Transactions value $: -$100,088
Form type: 4
Filing time: 05 Jul 2022, 16:03:15 UTC
Previous filing: 17 Jun 2022
Next filing: 19 Sep 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	+10,417	+3.3%	$0	324,567	30 Jun 2022	Direct	F1
transaction	DV	Common Stock	Tax liability	-$100,088	-4,415	-1.4%	$22.67	320,152	30 Jun 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	-10,417	-10%	$0	93,750	30 Jun 2022	Common Stock	10,417		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 July 28, 2020 and represents a right to receive one share of common stock on a one-to-one basis. 37.5% of the RSUs vested and were settled on April 20, 2021, upon the initial public offering (the "IPO") of common stock of DoubleVerify Holdings, Inc. The remaining RSUs will vest on the original vesting schedule as though the IPO had not occurred, subject to Mr. Zagorksi's continued employment through the applicable vesting date.
F2	Represents shares withheld to satisfy tax obligations in connection with the vesting of 10,417 RSUs on June 30, 2022.
F3	Restricted stock units convert into common stock on a one-for-one basis.