Mark S. Zagorski - 15 Dec 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 Dec 2024
Net transactions value: -$147,725
Form type: 4
Filing time: 17 Dec 2024, 16:18:36 UTC
Previous filing: 02 Oct 2024
Next filing: 10 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DV	Common Stock	Purchase	$10,786	+705	+0.17%	$15.30	406,090	30 Nov 2024	Direct	F1
transaction	DV	Common Stock	Options Exercise	$0	+6,471	+1.6%	$0.000000	412,561	15 Dec 2024	Direct	F2
transaction	DV	Common Stock	Tax liability	$71,866	-3,579	-0.87%	$20.08	408,982	15 Dec 2024	Direct	F3
transaction	DV	Common Stock	Options Exercise	$0	+7,802	+1.9%	$0.000000	416,784	15 Dec 2024	Direct	F4
transaction	DV	Common Stock	Tax liability	$86,645	-4,315	-1%	$20.08	412,469	15 Dec 2024	Direct	F5

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	-20%	$0.000000	25,884	15 Dec 2024	Common Stock	6,471		Direct	F2, F6
transaction	DV	Restricted Stock Units	Options Exercise	$0	-9,375	-11%	$0.000000	75,000	15 Dec 2024	Common Stock	9,375		Direct	F6, F7, F8
transaction	DV	Restricted Stock Units	Options Exercise	$0	-7,802	-7.7%	$0.000000	93,619	15 Dec 2024	Common Stock	7,802		Direct	F4, F6

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

Explanation of Responses:

Id	Content
F1	Pursuant to the DoubleVerify Holdings, Inc. 2021 Employee Stock Purchase Plan (ESPP), the purchase price per share reported reflects a discount of 15% of the lesser of the share price at the first day of the offering period or the purchase date.
F2	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.
F3	Represents shares withheld to satisfy tax obligations in connection with the vesting of 6,471 restricted stock units on December 15, 2024.
F4	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.
F5	Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,802 restricted stock units on December 15, 2024.
F6	Restricted stock units convert into common stock on a one-for-one basis.
F7	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.
F8	The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested 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.