Laura Desmond - Feb 9, 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role
Director
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Laura B. Desmond
Stock symbol
DV
Transactions as of
Feb 9, 2022
Transactions value $
-$773,110
Form type
4
Date filed
2/11/2022, 03:07 PM
Previous filing
Nov 24, 2021
Next filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $57.3K +28.5K +19.39% $2.01* 176K Feb 9, 2022 By Trust F1
transaction DV Common Stock Sale -$830K -28.5K -16.24% $29.13 147K Feb 9, 2022 By Trust F1, F2

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 Options (Rights to Buy) Options Exercise $0 -28.5K -3.95% $0.00 693K Feb 9, 2022 Common Stock 28.5K $2.01 By Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares and options held by the Laura B. Desmond Revocable Trust for which Ms. Desmond is trustee.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2021.
F3 Represents non-qualified stock options granted on September 20, 2017 that vested on November 22, 2021 upon Providence VII U.S. Holdings L.P. receiving cumulative cash proceeds in respect of its investment in the Company equal to two times its aggregate cash investment in the Company.