Nicola T. Allais - 15 Jun 2023 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 Jun 2023
Net transactions value
-$139,044
Form type
4
Filing time
20 Jun 2023, 16:03:52 UTC
Previous filing
22 Mar 2023
Next filing
28 Jun 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 +4.4% $0.000000 59,372 15 Jun 2023 Direct F1
transaction DV Common Stock Tax liability $52,830 -1,429 -2.4% $36.97 57,943 15 Jun 2023 Direct F2
transaction DV Common Stock Options Exercise $0 +4,063 +7% $0.000000 62,006 15 Jun 2023 Direct F3
transaction DV Common Stock Tax liability $86,214 -2,332 -3.8% $36.97 59,674 15 Jun 2023 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 -9.1% $0.000000 24,888 15 Jun 2023 Common Stock 2,489 Direct F1, F5
transaction DV Restricted Stock Units Options Exercise $0 -4,063 -6.7% $0.000000 56,874 15 Jun 2023 Common Stock 4,063 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 "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 2,489 restricted stock units on June 15, 2023.
F3 The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.
F4 Represents shares withheld to satisfy tax obligations in connection with the vesting of 4,063 restricted stock units on June 15, 2023.
F5 Restricted stock units convert into common stock on a one-for-one basis.