Somer Webb - 15 Aug 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 Aug 2023
Net transactions value: -$14,300
Form type: 4
Filing time: 17 Aug 2023, 19:10:34 UTC
Previous filing: 12 Jul 2023
Next filing: 03 Oct 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	+9,660	+6.2%	$0.000000	165,262	15 Aug 2023	Direct	F1
transaction	DTC	Class A Common Stock	Tax liability	$14,300	-2,352	-1.4%	$6.08	162,910	15 Aug 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	-9,660	-8.3%	$0.000000	106,259	15 Aug 2023	Class A Common Stock	9,660		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.