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DoubleVerify Holdings, Inc. — Director's Dealing 2021
Apr 20, 2021
31682_dirs_2021-04-20_05d3bf49-b905-4b51-9062-bc8db436620d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DoubleVerify Holdings, Inc. (DV)
CIK: 0001819928
Period of Report: 2021-04-20
Reporting Person: Zagorski Mark (Director, Chief Executive Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 184705 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options (Rights to Buy) | $6.93 | 2030-07-28 | Common Stock (1083333) | Direct | |
| Options (Rights to Buy) | $13.86 | 2030-07-28 | Common Stock (1083333) | Direct | |
| Restricted Stock Units | $ | Common Stock (166667) | Direct | ||
| Restricted Stock Units | $ | Common Stock (86580) | Direct |
Footnotes
F1: Represents non-qualified stock options granted on July 28, 2020, 25% of which vest on July 21, 2021, which is the one-year anniversary of Mr. Zagorski's commencement of employment, and then at a rate of 6.25% per quarter over the next 12 quarters, subject in all cases to Mr. Zagorski's continued employment through the applicable vesting date. Notwithstanding the foregoing, upon the completion of the initial public offering (the "IPO") of common stock of DoubleVerify Holdings, Inc., the options that would have vested over the 12 months following the completion of the IPO will vest, and the remaining options will vest on their original vesting schedule without regard to the aforementioned acceleration.
F2: Represents non-qualified stock options granted on July 28, 2020 that are subject to the same time vesting criteria as the options described in note 1 above (including in respect of the accelerated vesting upon the completion of the IPO).
F3: Represents time vesting restricted stock units granted on July 28, 2020 that are subject to the same time vesting criteria as the options described in note 1 above (including in respect of the accelerated vesting upon the completion of the IPO).
F4: Restricted stock units convert into common stock on a one-for-one basis.
F5: Represents time vesting restricted stock units granted on July 28, 2020 that vest on July 21, 2021, subject to Mr. Zagorski's continued employment.