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

Role: Chief Financial Officer
Signature: /s/ Kent Christensen, Attorney-in-Fact for Somer Webb
Stock symbol: DTC
Transactions as of: May 15, 2023
Transactions value $: -$48,828
Form type: 4
Date filed: 5/15/2023, 08:04 PM
Previous filing: Oct 4, 2022
Next filing: Jul 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTC	Class A Common Stock	Options Exercise	$0	+38.6K	+31.94%	$0.00	160K	May 15, 2023	Direct	F1
transaction	DTC	Class A Common Stock	Tax liability	-$48.8K	-9.41K	-5.89%	$5.19	150K	May 15, 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	-38.6K	-25%	$0.00	116K	May 15, 2023	Class A Common Stock	38.6K		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.