John Merris - 06 Feb 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Role
President and CEO, Director
Signature
/s/ Kent Christensen, Attorney-in-Fact for John Merris
Issuer symbol
DTCB
Transactions as of
06 Feb 2023
Net transactions value
-$13,345
Form type
4
Filing time
09 May 2023, 20:47:08 UTC
Previous filing
19 Dec 2022
Next filing
17 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTC Class A Common Stock Options Exercise $0 +4,595 +3% $0.000000 158,054 06 Feb 2023 Direct F1
transaction DTC Class A Common Stock Tax liability $5,366 -1,118 -0.71% $4.80 156,936 06 Feb 2023 Direct F2
transaction DTC Class A Common Stock Options Exercise $0 +4,596 +2.9% $0.000000 161,413 05 May 2023 Direct
transaction DTC Class A Common Stock Tax liability $7,978 -1,119 -0.69% $7.13 160,413 05 May 2023 Direct F2
holding DTC Class A Common Stock 2,502 06 Feb 2023 By Son

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 DTC Restricted Stock Unit Options Exercise $0 -4,595 -8.3% $0.000000 50,551 06 Feb 2023 Class A Common Stock 4,595 Direct F3, F4
transaction DTC Class A Common Stock Options Exercise $0 -4,596 -9.1% $0.000000 45,955 05 May 2023 Class A Common Stock 4,596 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares purchased as a result of the Reporting Person's participation in the Issuer's employee stock purchase plan, exempt pursuant to Rule 16b-3(c).
F2 Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4 The remaining unvested RSUs will vest in ten approximately equal quarterly installments.
F5 The remaining unvested RSUs will vest in nine approximately equal quarterly installments.