Laura Desmond - Aug 8, 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
Aug 8, 2022
Transactions value $
-$1,100,061
Form type
4
Date filed
8/10/2022, 04:15 PM
Previous filing
Jan 27, 2023
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $90.5K +45K +25.13% $2.01* 224K Aug 8, 2022 By Trust F1
transaction DV Common Stock Sale -$1.19M -45K -20.08% $26.46 179K Aug 8, 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 -45K -6.24% $0.00 677K Aug 8, 2022 Common Stock 45K $2.01 By Trust F1, F3, F4
* 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.99 to $26.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Represents non-qualified stock options granted on September 20, 2017, 25% of which vested on September 20, 2018 and the remainder of which vested at a rate of 6.25% per quarter thereafter, subject to Ms. Desmond's continued service. The options fully vested on September 20, 2021.
F4 The total was increased by one share due to an administrative calculation error due to rounding of the vested amount.