Mark S. Zagorski - 15 Sep 2024 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Executive Officer, Director
Signature: /s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Issuer symbol: DV
Transactions as of: 15 Sep 2024
Net transactions value: -$137,513
Form type: 4
Filing time: 17 Sep 2024, 16:06:44 UTC
Previous filing: 02 Jul 2024
Next filing: 02 Oct 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	+6,471	+1.6%	$0.000000	400,822	15 Sep 2024	Direct	F1
transaction	DV	Common Stock	Tax liability	$62,346	-3,579	-0.89%	$17.42	397,243	15 Sep 2024	Direct	F2
transaction	DV	Common Stock	Options Exercise	$0	+7,802	+2%	$0.000000	405,045	15 Sep 2024	Direct	F3
transaction	DV	Common Stock	Tax liability	$75,167	-4,315	-1.1%	$17.42	400,730	15 Sep 2024	Direct	F4

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	-6,471	-17%	$0.000000	32,355	15 Sep 2024	Common Stock	6,471		Direct	F1, F5
transaction	DV	Restricted Stock Units	Options Exercise	$0	-9,375	-10%	$0.000000	84,375	15 Sep 2024	Common Stock	9,375		Direct	F5, F6, F7
transaction	DV	Restricted Stock Units	Options Exercise	$0	-7,802	-7.1%	$0.000000	101,421	15 Sep 2024	Common Stock	7,802		Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	The restricted stock units were granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F2	Represents shares withheld to satisfy tax obligations in connection with the vesting of 6,471 restricted stock units on September 15, 2024.
F3	The restricted stock units were granted on December 19, 2023. 6.25% of the restricted stock units vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
F4	Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,802 restricted stock units on September 15, 2024.
F5	Restricted stock units convert into common stock on a one-for-one basis.
F6	As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
F7	The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.