Nicola T. Allais - Dec 13, 2022 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role
Chief Financial Officer
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Nicola T. Allais
Stock symbol
DV
Transactions as of
Dec 13, 2022
Transactions value $
-$76,859
Form type
4
Date filed
12/15/2022, 03:10 PM
Previous filing
Dec 14, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $3.23K +1.61K +3.13% $2.01* 52.9K Dec 13, 2022 Direct
transaction DV Common Stock Sale -$42.3K -1.61K -3.04% $26.30 51.3K Dec 13, 2022 Direct F1, F2
transaction DV Common Stock Options Exercise $3.23K +1.61K +3.13% $2.01* 52.9K Dec 14, 2022 Direct
transaction DV Common Stock Sale -$41.1K -1.61K -3.04% $25.55 51.3K Dec 14, 2022 Direct F1, 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 Options (Rights to Buy) Options Exercise $0 -1.61K -0.23% $0.00 700K Dec 13, 2022 Common Stock 1.61K $2.01 Direct F4
transaction DV Options (Rights to Buy) Options Exercise $0 -1.61K -0.23% $0.00 699K Dec 14, 2022 Common Stock 1.61K $2.01 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and accepted by the issuer on August 12, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $26.20 to $26.41, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.46 to $25.67, 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 Represents non-qualified stock options granted on January 4, 2018, 25% of which vested on November 6, 2018 and the remainder of which vested at a rate of 6.25% per quarter thereafter, subject to Mr. Allais's continued employment. The options fully vested on November 6, 2021.