John Merris - 18 Nov 2022 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Role: President & CEO, Director
Signature: /s/ Kent Christensen, Attorney-in-Fact for John Merris
Issuer symbol: DTCB
Transactions as of: 18 Nov 2022
Net transactions value: -$20,097
Form type: 4
Filing time: 21 Nov 2022, 19:48:43 UTC
Previous filing: 04 Oct 2022
Next filing: 19 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTC	Class A Common Stock	Options Exercise	$0	+18,383	+16%	$0.000000	136,509	18 Nov 2022	Direct
transaction	DTC	Class A Common Stock	Tax liability	$20,097	-4,476	-3.3%	$4.49	132,033	18 Nov 2022	Direct	F1
holding	DTC	Class A Common Stock						2,502	18 Nov 2022	By Son

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	Options Exercise	$0	-18,383	-25%	$0.000000	55,146	18 Nov 2022	Class A Common Stock	18,383		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F2	Each RSU represents a contingent right to receive one share of Class A Common Stock.
F3	Represents the vesting of 25% of the RSUs granted on November 5, 2021 pursuant to the Issuer's 2021 Incentive Award Plan. The remaining unvested RSUs will vest in twelve approximately equal quarterly installments.