Laura Desmond - Jun 5, 2023 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
Jun 5, 2023
Transactions value $
$0
Form type
4
Date filed
6/7/2023, 04:37 PM
Previous filing
Jun 5, 2023
Next filing
Jun 15, 2023

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 +5.71K $0.00 5.71K Jun 5, 2023 Common Stock 5.71K By Trust F1, F2, F3
* 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 Represents time-based restricted stock units granted on June 5, 2023 pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program. The restricted stock units vest on the earlier of (i) June 5, 2024 and (ii) the date of DoubleVerify Holdings, Inc.'s 2024 Annual Meeting of Stockholders, subject to Ms. Desmond's continued services. Ms. Desmond made an election under the Issuer's deferred compensation plan to defer delivery of the vested shares to the earlier of (i) 2025 and (ii) the reporting person's end of service as a Director (in which case the shares will be delivered in a lump sum).
F3 Represents restricted stock units held by the Laura B. Desmond Revocable Trust for which Ms. Desmond is trustee.