Mark Zagorski - 15 Mar 2023 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
15 Mar 2023
Transactions value $
$-69,495
Form type
4
Filing time
17 Mar 2023, 16:14:34 UTC
Previous filing
04 Jan 2023
Next filing
04 Apr 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 +6,471 +1.93% $0.000000 341,400 15 Mar 2023 Direct F1
transaction DV Common Stock Tax liability $-69,495 -2,825 -0.83% $24.60 338,575 15 Mar 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 -6,471 -8.33% $0.000000 71,181 15 Mar 2023 Common Stock 6,471 Direct F1, F3
transaction DV Restricted Stock Units Options Exercise $0 -9,375 -6.25% $0.000000 140,625 15 Mar 2023 Common Stock 9,375 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 6,471 RSUs on March 15, 2023.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
F5 The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.