John Merris - 04 Oct 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Signature
/s/ Kent Christensen, Attorney-in-Fact for John Merris
Issuer symbol
DTCB
Transactions as of
04 Oct 2023
Net transactions value
-$8,772
Form type
4
Filing time
04 Oct 2023, 18:07:01 UTC
Previous filing
17 Aug 2023
Next filing
13 Nov 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 +7,066 +4.1% $0.000000 179,280 04 Oct 2023 Direct
transaction DTC Class A Common Stock Tax liability $8,772 -1,720 -0.96% $5.10 177,560 04 Oct 2023 Direct F1
holding DTC Class A Common Stock 2,502 04 Oct 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 -7,066 -25% $0.000000 21,195 04 Oct 2023 Class A Common Stock 7,066 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of Class A Common Stock.
F3 The remaining unvested RSUs will vest in twelve approximately equal quarterly installments.