Julie Eddleman - 26 Jan 2023 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
Issuer symbol
DV
Transactions as of
26 Jan 2023
Net transactions value
-$100,410
Form type
4
Filing time
30 Jan 2023, 15:04:38 UTC
Previous filing
26 Jan 2023
Next filing
09 Feb 2023
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 +12,323 +10% $0.000000 131,557 26 Jan 2023 Direct F1
transaction DV Common Stock Tax liability $100,410 -3,642 -2.8% $27.57 127,915 26 Jan 2023 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 -12,323 -11% $0.000000 98,579 26 Jan 2023 Common Stock 12,323 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 have continued, and will continue, to 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 12,323 RSUs on January 26, 2023.
F3 RSUs convert into common stock on a one-for-one basis.