Nicola T. Allais - 15 Dec 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
Issuer symbol
DV
Transactions as of
15 Dec 2022
Net transactions value
-$91,476
Form type
4
Filing time
19 Dec 2022, 15:11:39 UTC
Previous filing
15 Dec 2022
Next filing
09 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $0 +2,489 +4.8% $0.000000 53,824 15 Dec 2022 Direct F1
transaction DV Common Stock Tax liability $35,196 -1,429 -2.7% $24.63 52,395 15 Dec 2022 Direct F2
transaction DV Common Stock Options Exercise $0 +3,982 +7.6% $0.000000 56,377 15 Dec 2022 Direct F3
transaction DV Common Stock Tax liability $56,280 -2,285 -4.1% $24.63 54,092 15 Dec 2022 Direct 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 Restricted Stock Units Options Exercise $0 -2,489 -7.7% $0.000000 29,866 15 Dec 2022 Common Stock 2,489 Direct F1, F5
transaction DV Restricted Stock Units Options Exercise $0 -3,982 -50% $0.000000 3,982 15 Dec 2022 Common Stock 3,982 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the Vesting Date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 2,489 restricted stock units on December 15, 2022.
F3 50% of the restricted stock units vested on December 15, 2022 and the remainder will vest on December 15, 2023.
F4 Represents shares withheld to satisfy tax obligations in connection with the vesting of 3,982 restricted stock units on December 15, 2022.
F5 Restricted stock units convert into common stock on a one-for-one basis.