Andrew E. Grimmig - 15 Aug 2024 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Legal Officer
Signature: /s/ Andrew E. Grimmig
Issuer symbol: DV
Transactions as of: 15 Aug 2024
Net transactions value: $0
Form type: 4
Filing time: 19 Aug 2024, 16:04:54 UTC
Previous filing: 18 Jun 2024
Next filing: 17 Sep 2024
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	+1,983	+4.2%	$0.000000	48,853	15 Aug 2024	Direct	F1

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	-1,983	-33%	$0.000000	3,964	15 Aug 2024	Common Stock	1,983		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") was granted on February 17, 2021 and represents a right to receive one share of common stock on a one-to-one basis. 25% of the RSUs vested and were settled on February 15, 2022, and the other remaining RSUs have continued, and will continue, to vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment through the applicable vesting date.
F2	RSUs convert into common stock on a one-for-one basis.

Content

Each restricted stock unit ("RSU") was granted on February 17, 2021 and represents a right to receive one share of common stock on a one-to-one basis. 25% of the RSUs vested and were settled on February 15, 2022, and the other remaining RSUs have continued, and will continue, to vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment through the applicable vesting date.

RSUs convert into common stock on a one-for-one basis.