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DoubleVerify Holdings, Inc. Director's Dealing 2021

Apr 20, 2021

31682_dirs_2021-04-20_ebb98f98-35b3-45d3-b5d1-1ce814e7ec8b.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: Grimmig Andrew E (Chief Legal Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 28861 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Options (Rights to Buy) $6.45 2030-04-27 Common Stock (441173) Direct
Options (Rights to Buy) $6.45 2030-04-27 Common Stock (441173) Direct
Options (Rights to Buy) $20.31 2031-02-15 Common Stock (51607) Direct
Restricted Stock Units $ Common Stock (54264) Direct
Restricted Stock Units $ Common Stock (31726) Direct

Footnotes

F1: Represents non-qualified stock options granted on April 27, 2020, 25% of which vested on March 30, 2021 and the remainder of which have continued, and will continue, to vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment.

F2: Represents non-qualified stock options granted on April 27, 2020 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. Grimmig's continued employment.

F3: Represents non-qualified stock options granted on February 17, 2021, 25% of which vest on February 15, 2022 and the remainder of which vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment.

F4: Represents time vesting restricted stock units granted on April 27, 2020 that vest on April 1, 2022, subject to Mr. Grimmig'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 February 17, 2021, 25% of which vest on February 15, 2022 and the remainder of which vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment.