Julie F. Eddleman - 20 Apr 2021 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Julie Eddleman
Issuer symbol
DV
Transactions as of
20 Apr 2021
Net transactions value
$0
Form type
4
Filing time
10 May 2021, 16:04:32 UTC
Next filing
14 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise +65,721 65,721 20 Apr 2021 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 -65,721 -25% $0.000000 197,161 20 Apr 2021 Common Stock 65,721 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 January 28, 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 April 20, 2021, upon the initial public offering (the "IPO") of common stock of DoubleVerify Holdings, Inc. The remaining RSUs will vest on the original vesting schedule as though the IPO had not occurred, subject to Ms. Eddleman's continued employment through the applicable vesting date.
F2 Restricted stock units convert into common stock on a one-for-one basis.