Thomas Montgomery - Oct 1, 2022 Form 4 Insider Report for Solo Brands, Inc. (DTC)

Role
Chief Digital Officer
Signature
/s/ Kent Christensen, Attorney-in-Fact for Thomas Montgomery
Stock symbol
DTC
Transactions as of
Oct 1, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 07:34 PM
Previous filing
Nov 5, 2021
Next filing
Nov 21, 2022

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 +175K $0.00 175K Oct 1, 2022 Class A Common Stock 175K Direct F1, F2
transaction DTC Stock Option Award $0 +175K $0.00 175K Oct 1, 2022 Class A Common Stock 175K $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.