Mark D. Walker - 10 Jun 2024 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Jun 2024, 19:56:58 UTC
Prior SEC filing
27 Aug 2024
Next SEC filing
14 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Walker
Filing notes and source

Key filing fact

Mark D. Walker filed Form 4 for Direct Digital Holdings, Inc. (DRCT) on 12 Jun 2024.

Key facts

  • This page summarizes Mark D. Walker's Form 4 filing for Direct Digital Holdings, Inc. (DRCT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Jun 2024, 19:56.

Change

  • Previous filing in this sequence was filed on 27 Aug 2024.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DRCT transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+20,300
Change %
+63%
Price
Shares after
52,358
Date
10 Jun 2024
Ownership
Direct
Footnotes
F1
DRCT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
200,000
Date
10 Jun 2024
Ownership
By AJN Energy & Transport

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRCT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-20,300
Change %
-50%
Price
$0.000000
Shares after
20,300
Date
10 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock, par value $0.001 per share
Underlying amount
20,300
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 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

June 10, 2022, the reporting person was granted 60,900 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 33 percent of the restricted stock units vested on June 10, 2023, an additional 33 percent vested on June 10, 2024, and the remaining balance of 34 percent of the restricted stock units will vest on June 10, 2025. 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).

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