John Merris - 09 Nov 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Signature
/s/ Kent Christensen, Attorney-in-Fact for John Merris
Issuer symbol
DTCB
Transactions as of
09 Nov 2023
Net transactions value
-$5,069
Form type
4
Filing time
13 Nov 2023, 21:24:58 UTC
Previous filing
04 Oct 2023
Next filing
04 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTC Class A Common Stock Options Exercise $0 +4,596 +2.6% $0.000000 182,156 09 Nov 2023 Direct
transaction DTC Class A Common Stock Tax liability $5,069 -1,119 -0.61% $4.53 181,037 09 Nov 2023 Direct F1
holding DTC Class A Common Stock 2,502 09 Nov 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 Units Options Exercise $0 -4,596 -11% $0.000000 36,764 09 Nov 2023 Class A Common Stock 4,596 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of Class A Common Stock.
F3 The remaining unvested RSUs will vest in seven approximately equal quarterly installments.