Somer Webb - Aug 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: Aug 15, 2023
Transactions value $: -$14,300
Form type: 4
Date filed: 8/17/2023, 07:10 PM
Previous filing: Jul 12, 2023
Next filing: Oct 3, 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	+9.66K	+6.21%	$0.00	165K	Aug 15, 2023	Direct	F1
transaction	DTC	Class A Common Stock	Tax liability	-$14.3K	-2.35K	-1.42%	$6.08	163K	Aug 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	-9.66K	-8.33%	$0.00	106K	Aug 15, 2023	Class A Common Stock	9.66K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects 5,410 shares purchased on June 9, 2023 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 the Issuer's Class A Common Stock.
F4	Represents the vesting of 25% of the RSUs. The remaining unvested RSUs will vest in eleven approximately equal quarterly installments.