Laura Desmond - Nov 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
Nov 9, 2022
Transactions value $
-$210,850
Form type
4
Date filed
11/14/2022, 03:08 PM
Previous filing
Oct 28, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $19.1K +9.5K +5.31% $2.01* 189K Nov 9, 2022 By Trust F1
transaction DV Common Stock Sale -$171K -7.1K -3.77% $24.09 181K Nov 9, 2022 By Trust F1, F2, F3
transaction DV Common Stock Sale -$58.9K -2.4K -1.32% $24.54 179K Nov 9, 2022 By Trust F1, F2, F4

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 -9.5K -1.51% $0.00 618K Nov 9, 2022 Common Stock 9.5K $2.01 By Trust F1, F5
* 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, as amended on August 23, 2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.45 to $24.39, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.465 to $24.66, 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.
F5 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 Issuer equal to two times its aggregate cash investment in the Issuer.