Mark S. Zagorski - 15 Mar 2024 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Role: Chief Executive Officer, Director
Signature: /s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Issuer symbol: DV
Transactions as of: 15 Mar 2024
Net transactions value: -$199,467
Form type: 4
Filing time: 19 Mar 2024, 16:05:30 UTC
Previous filing: 03 Jan 2024
Next filing: 02 Apr 2024
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	+6,471	+1.8%	$0.000000	376,175	15 Mar 2024	Direct	F1
transaction	DV	Common Stock	Tax liability	$86,299	-2,608	-0.69%	$33.09	373,567	15 Mar 2024	Direct	F2
transaction	DV	Common Stock	Options Exercise	$0	+7,802	+2.1%	$0.000000	381,369	15 Mar 2024	Direct	F3
transaction	DV	Common Stock	Tax liability	$113,168	-3,420	-0.9%	$33.09	377,949	15 Mar 2024	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	-6,471	-12%	$0.000000	45,297	15 Mar 2024	Common Stock	6,471		Direct	F1, F5
transaction	DV	Restricted Stock Units	Options Exercise	$0	-9,375	-8.3%	$0.000000	103,125	15 Mar 2024	Common Stock	9,375		Direct	F5, F6, F7
transaction	DV	Restricted Stock Units	Options Exercise	$0	-7,802	-6.3%	$0.000000	117,025	15 Mar 2024	Common Stock	7,802		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 6,471 RSUs on March 15, 2024.
F3	The restricted stock units were granted on December 19, 2023. 6.25% of the restricted stock units vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
F4	Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,802 RSUs on March 15, 2024.
F5	Restricted stock units convert into common stock on a one-for-one basis.
F6	As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
F7	The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested 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.