Somer Webb - 15 May 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Role: Chief Financial Officer
Signature: /s/ Kent Christensen, Attorney-in-Fact for Somer Webb
Issuer symbol: DTCB
Transactions as of: 15 May 2023
Net transactions value: -$48,828
Form type: 4
Filing time: 15 May 2023, 20:04:11 UTC
Previous filing: 04 Oct 2022
Next filing: 12 Jul 2023
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	+38,640	+32%	$0.000000	159,600	15 May 2023	Direct	F1
transaction	DTC	Class A Common Stock	Tax liability	$48,828	-9,408	-5.9%	$5.19	150,192	15 May 2023	Direct	F2

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	-38,640	-25%	$0.000000	115,919	15 May 2023	Class A Common Stock	38,640		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects shares purchased as a result of the Reporting Person's participation in the Issuer's employee stock purchase plan, exempt pursuant to Rule 16b-3(c).
F2	Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F3	Each RSU represents a contingent right to receive one share of Class A Common Stock.
F4	Represents the vesting of 25% of the RSUs. The remaining unvested RSUs will vest in twelve approximately equal quarterly installments.