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DoubleVerify Holdings, Inc. Director's Dealing 2021

Apr 20, 2021

31682_dirs_2021-04-20_15e3fced-e7c7-4150-9f16-1ecefa94117a.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: McLaughlin Matthew F. (Chief Operating Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Options (Rights to Buy) $2.01 2027-09-20 Common Stock (1202824) Indirect
Options (Rights to Buy) $2.01 2027-09-20 Common Stock (601412) Indirect
Restricted Stock Units $ Common Stock (193799) Indirect
Restricted Stock Units $ Common Stock (159698) Indirect

Footnotes

F1: Represents shares, options and restricted stock units held by The McLaughlin Family Trust for which Mr. McLaughlin is a trustee.

F2: Represents non-qualified stock options granted on September 20, 2017, 25% of which vested on September 20, 2018 and the remainder of which have continued, and will continue, to vest at a rate of 6.25% per quarter thereafter, subject to Mr. McLaughlin's continued employment.

F3: Represents non-qualified stock options granted on September 20, 2017 that vest upon the date that Providence VII U.S. Holdings L.P. receives cumulative cash proceeds in respect of its investment in DoubleVerify Holdings, Inc. (the "Company") equal to two times its aggregate cash investment in the Company, subject to Mr. McLaughlin's continued employment.

F4: Represents time vesting restricted stock units granted on April 27, 2020 that vest on April 1, 2022, subject to Mr. McLaughlin's continued employment.

F5: Restricted stock units convert into common stock on a one-for-one basis.

F6: Represents time vesting restricted stock units granted on December 31, 2020 that vest on December 31, 2022, subject to Mr. McLaughlin's continued employment.

F7: Represents restricted stock units held by The Matthew McLaughlin 2020 Trust for which Mr. McLaughlin's brother-in-law is trustee. Mr. McLaughlin disclaims beneficial ownership of these securities.