Key facts
- This page summarizes Mark D. Walker's Form 4 filing for Direct Digital Holdings, Inc. (DRCT).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 22 Mar 2023, 17:02.
Mark D. Walker - 20 Mar 2023 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)
- Reporting relationship
- Chairman and CEO, Director, 10%+ Owner
- Issuer ticker
- DRCT
- Reported as of
- 20 Mar 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 22 Mar 2023, 17:02:21 UTC
- Prior SEC filing
- 01 Dec 2022
- Next SEC filing
- 23 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Susan Echard, Attorney-in-fact for Mark D. Walker
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark D. Walker filed Form 4 for Direct Digital Holdings, Inc. (DRCT) on 22 Mar 2023.
Change
- Previous filing in this sequence was filed on 01 Dec 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRCT
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +40,000
- Change %
- Price
- $0.000000
- Shares after
- 40,000
- Date
- 20 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 40,000
- Exercise price
- Footnotes
- F1, F2
DRCT
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +29,910
- Change %
- Price
- $0.000000
- Shares after
- 29,910
- Date
- 20 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 29,910
- Exercise price
- Footnotes
- F1, F3
DRCT
transaction
Derivative
Employee Stock Options (right to buy)
Award
- Transaction value
- $0
- Shares
- +29,910
- Change %
- Price
- $0.000000
- Shares after
- 29,910
- Date
- 20 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 29,910
- Exercise price
- $3.96
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each restricted stock unit represents a contingent right to one share of DRCT's Class A Common Stock, par value $0.001 per share, upon settlement.
Footnote F2
The restricted stock units will vest 100% on March 20, 2024. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the Direct Digital Holdings, Inc. 2022 Omnibus Incentive Plan).
Footnote F3
The restricted stock units will vest in three equal annual installments, beginning on March 20, 2024. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the Direct Digital Holdings, Inc. 2022 Omnibus Incentive Plan).
Footnote F4
This option is scheduled to vest in three equal annual installments beginning on March 20, 2024.