Christopher T. Metz - Apr 8, 2024 Form 4 Insider Report for Solo Brands, Inc. (DTC)

Signature
/s/ Kent Christensen, Attorney-in-Fact for Chris Metz
Stock symbol
DTC
Transactions as of
Apr 8, 2024
Transactions value $
$0
Form type
4
Date filed
4/10/2024, 08:19 PM
Previous filing
Mar 18, 2024
Next filing
Jun 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 Performance Stock Unit Award $0 +1.47M $0.00 1.47M Apr 8, 2024 Class A Common Stock 1.47M 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.