Mark Zagorski - Apr 20, 2021 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
Stock symbol
DV
Transactions as of
Apr 20, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:08 PM
Next filing
Jul 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise +62.5K +33.84% 247K Apr 20, 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 -62.5K -37.5% $0.00 104K Apr 20, 2021 Common Stock 62.5K 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 July 28, 2020 and represents a right to receive one share of common stock on a one-to-one basis. 37.5% 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 Mr. Zagorksi's continued employment through the applicable vesting date.
F2 Restricted stock units convert into common stock on a one-for-one basis.