Somer Webb - May 18, 2022 Form 3 Insider Report for Solo Brands, Inc. (DTC)

Role
Chief Financial Officer
Signature
/s/ Kent Christensen, Attorney-in-Fact for Somer Webb
Stock symbol
DTC
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
3
Date filed
5/18/2022, 08:17 PM
Next filing
May 26, 2022

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
holding DTC Stock Option May 18, 2022 Class A Common Stock 155K $6.47 Direct F1
holding DTC Restricted Stock Unit May 18, 2022 Class A Common Stock 155K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option will vest with respect to 25% of the underlying shares of Class A Common Stock on May 9, 2023, and with respect to the remaining shares in 12 quarterly installments thereafter subject to continued employment through the vest date.
F2 The restricted stock units ("RSUs") will vest with respect to 25% of the underlying shares of Class A Common Stock on May 9, 2023, and with respect to the remaining RSUs in 12 quarterly installments thereafter subject to continued employment through the vest date.
F3 Each RSU represents a contingent right to receive one share of Class A Common Stock.

Remarks:

Exhibit 24 - Power of Attorney.