Metz Christopher T. - 08 Apr 2024 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Role: President & CEO, Director
Signature: /s/ Kent Christensen, Attorney-in-Fact for Chris Metz
Issuer symbol: DTCB
Transactions as of: 08 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 10 Apr 2024, 20:19:36 UTC
Previous filing: 18 Mar 2024
Next filing: 13 Jun 2024
SEC: View on sec.gov

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	Performance Stock Unit	Award	$0	+1,468,000		$0.000000	1,468,000	08 Apr 2024	Class A Common Stock	1,468,000		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.
F2	The PSUs will vest, if at all, as to 735,000 of the underlying shares 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 September 15, 2027, and as to 733,000 of the underlying shares, if at all, if the 30-day volume weighted average trading price of the Issuer's Class A Common Stock exceeds a certain price threshold prior to September 15, 2027.

Content

Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.

The PSUs will vest, if at all, as to 735,000 of the underlying shares 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 September 15, 2027, and as to 733,000 of the underlying shares, if at all, if the 30-day volume weighted average trading price of the Issuer's Class A Common Stock exceeds a certain price threshold prior to September 15, 2027.