Mark Zagorski - Jul 21, 2021 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Stock symbol
DV
Transactions as of
Jul 21, 2021
Transactions value $
-$1,800,936
Form type
4
Date filed
7/22/2021, 04:07 PM
Previous filing
May 10, 2021
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $0 +86.6K +35.02% $0.00 334K Jul 21, 2021 Direct F1, F2
transaction DV Common Stock Tax liability -$1.8M -49.7K -14.88% $36.25 284K Jul 21, 2021 Direct F3

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 -86.6K -100% $0.00* 0 Jul 21, 2021 Common Stock 86.6K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total was increased by one share due to an administrative calculation error due to rounding of the vested amount.
F2 Each restricted stock unit was granted on July 28, 2020 and represents a right to receive one share of common stock on a one-for-one basis. The restricted stock units fully vested on July 21, 2021.
F3 Represents shares withheld to satisfy tax obligations in connection with the vesting of 86,581 restricted stock units on July 21, 2021.
F4 Restricted stock units convert into common stock on a one-for-one basis.