John Merris - Aug 9, 2023 Form 4 Insider Report for Solo Brands, Inc. (DTC)

Role
President & CEO, Director
Signature
/s/ Kent Christensen, Attorney-in-Fact for John Merris
Stock symbol
DTC
Transactions as of
Aug 9, 2023
Transactions value $
-$6,473
Form type
4
Date filed
8/17/2023, 07:47 PM
Previous filing
May 9, 2023
Next filing
Oct 4, 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 +4.6K +2.72% $0.00 173K Aug 9, 2023 Direct F1
transaction DTC Class A Common Stock Tax liability -$6.47K -1.12K -0.65% $5.79 172K Aug 9, 2023 Direct F2
holding DTC Class A Common Stock 2.5K Aug 9, 2023 By Son

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 -4.6K -10% $0.00 41.4K Aug 9, 2023 Class A Common Stock 4.6K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 8,324 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 The remaining unvested RSUs will vest in eight approximately equal quarterly installments.