Thomas Greene Montgomery - 01 Oct 2022 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Role
Chief Digital Officer
Signature
/s/ Kent Christensen, Attorney-in-Fact for Thomas Montgomery
Issuer symbol
DTCB
Transactions as of
01 Oct 2022
Net transactions value
$0
Form type
4
Filing time
04 Oct 2022, 19:34:34 UTC
Previous filing
05 Nov 2021
Next filing
21 Nov 2022
SEC
View on sec.gov

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 DTC Restricted Stock Unit Award $0 +174,528 $0.000000 174,528 01 Oct 2022 Class A Common Stock 174,528 Direct F1, F2
transaction DTC Stock Option Award $0 +174,528 $0.000000 174,528 01 Oct 2022 Class A Common Stock 174,528 $5.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F2 The RSUs will vest with respect to 25% of the underlying shares of Class A Common Stock on October 1, 2023, and with respect to the remaining RSUs in 12 quarterly installments thereafter.
F3 The stock option will vest with respect to 25% of the underlying shares of Class A Common Stock on October 1, 2023, and with respect to the remaining shares in 12 quarterly installments thereafter.