Kent Christensen - Apr 8, 2024 Form 4 Insider Report for Solo Brands, Inc. (DTC)

Signature
/s/ Kent Christensen
Stock symbol
DTC
Transactions as of
Apr 8, 2024
Transactions value $
$0
Form type
4
Date filed
4/10/2024, 08:17 PM
Previous filing
Apr 4, 2024
Next filing
May 13, 2024

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 Award $0 +60.7K $0.00 60.7K Apr 8, 2024 Class A Common Stock 60.7K Direct F1, F2
transaction DTC Performance Stock Unit Award $0 +60.7K $0.00 60.7K Apr 8, 2024 Class A Common Stock 60.7K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F2 The unvested RSUs will vest in three approximately equal annual installments.
F3 Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.
F4 The PSUs will vest, if at all, in three approximately equal installments if the 30-day volume weighted average trading price of the Issuer's Class A Common Stock exceeds certain price thresholds prior to February 28, 2027.