Somer Webb - 09 Nov 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Nov 2023, 21:20:00 UTC
Prior SEC filing
04 Oct 2023
Next SEC filing
03 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kent Christensen, Attorney-in-Fact for Somer Webb

Key filing fact

Somer Webb filed Form 4 for Solo Brands, Inc. (DTCB) on 13 Nov 2023.

Key facts

  • This page summarizes Somer Webb's Form 4 filing for Solo Brands, Inc. (DTCB).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Nov 2023, 21:20.

Change

  • Previous filing in this sequence was filed on 04 Oct 2023.
  • Current net transaction value: -$513,379.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DTC transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+9,660
Change %
+5.8%
Price
$0.000000
Shares after
176,682
Date
09 Nov 2023
Ownership
Direct
DTC transaction

Class A Common Stock

Tax liability

Transaction value
$10,655
Shares
-2,352
Change %
-1.3%
Price
$4.53
Shares after
174,330
Date
09 Nov 2023
Ownership
Direct
Footnotes
F1
DTC transaction

Class A Common Stock

Sale

Transaction value
$502,725
Shares
-115,537
Change %
-66%
Price
$4.35
Shares after
58,793
Date
09 Nov 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DTC transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-9,660
Change %
-9.1%
Price
$0.000000
Shares after
96,599
Date
09 Nov 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
9,660
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.3001 to $4.40. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F4

The remaining unvested RSUs will vest in ten approximately equal quarterly installments.

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