Laura Desmond - May 23, 2024 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role
Director
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Laura B. Desmond
Stock symbol
DV
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 04:14 PM
Previous filing
Apr 19, 2024
Next filing
Nov 25, 2024

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 -5.71K -100% $0.00* 0 May 23, 2024 Common Stock 5.71K By Trust F1, F2, F3, F4
transaction DV Restricted Stock Units Award $0 +10.7K $0.00 10.7K May 23, 2024 Common Stock 10.7K By Trust F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 As reported previously, the reporting person made an election under the Issuer's deferred compensation plan to defer delivery of the vested shares to the earlier of (i) 2025 and (ii) the reporting person's end of service as a Director (in which case the shares will be delivered in a lump sum).
F3 Each restricted stock unit ("RSU") was granted on June 5, 2023 and represents a right to receive one share of common stock on a one-to-one basis. The RSUs fully vested on May 23, 2024.
F4 Represents restricted stock units held by the Laura B. Desmond Revocable Trust for which Ms. Desmond is trustee.
F5 Represents time-based restricted stock units granted on May 23, 2024 pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program. The restricted stock units vest on the earlier of (i) May 23, 2025 and (ii) the date of DoubleVerify Holdings, Inc.'s 2025 Annual Meeting of Stockholders, subject to Ms. Desmond's continued services. Ms. Desmond made an election under the Issuer's deferred compensation plan to defer delivery of the vested shares to the earlier of (i) January 1, 2026 and (ii) the reporting person's end of service as a Director (in which case the shares will be delivered in a lump sum).