Matthew Webb - Nov 21, 2022 Form 4 Insider Report for Solo Brands, Inc. (DTC)

Signature
/s/ Kent Christensen, Attorney-in-Fact for Matthew Webb
Stock symbol
DTC
Transactions as of
Nov 21, 2022
Transactions value $
-$4,715
Form type
4
Date filed
11/21/2022, 07:49 PM
Previous filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTC Class A Common Stock Options Exercise $0 +4.41K $0.00 4.41K Nov 21, 2022 Direct
transaction DTC Class A Common Stock Tax liability -$4.71K -1.07K -24.34% $4.39 3.34K Nov 21, 2022 Direct F1

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 -4.41K -25% $0.00 13.2K Nov 21, 2022 Class A Common Stock 4.41K 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.