Andrew E. Grimmig - 12 Dec 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Legal Officer
Signature: /s/ Andrew E. Grimmig
Issuer symbol: DV
Transactions as of: 12 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 14 Dec 2022, 17:50:04 UTC
Previous filing: 17 Nov 2022
Next filing: 19 Dec 2022
SEC: View on sec.gov

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	Award	$0	+40,000		$0.000000	40,000	12 Dec 2022	Common Stock	40,000		Direct	F1, F2
transaction	DV	Options (Rights to Buy)	Award	$0	+81,037		$0.000000	81,037	12 Dec 2022	Common Stock	81,037	$25.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	The restricted stock units and stock options vest 6.25% on March 15, 2023 (the "Vesting Date") and the remainder of the restricted stock units and stock options vest at a rate of 6.25% on each quarterly anniversary of the Vesting Date. The reporting person made an election under the Issuer's deferred compensation plan to defer delivery of the first four tranches of vested shares until March 2024 or, if sooner, as soon as administratively feasible following his separation from service with the Issuer.

Content

Restricted stock units convert into common stock on a one-for-one basis.

The restricted stock units and stock options vest 6.25% on March 15, 2023 (the "Vesting Date") and the remainder of the restricted stock units and stock options vest at a rate of 6.25% on each quarterly anniversary of the Vesting Date. The reporting person made an election under the Issuer's deferred compensation plan to defer delivery of the first four tranches of vested shares until March 2024 or, if sooner, as soon as administratively feasible following his separation from service with the Issuer.