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

Role: Chief Operating Officer
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
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	+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.