DoubleVerify Holdings, Inc. — Director's Dealing 2021

Apr 20, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DoubleVerify Holdings, Inc. (DV)
CIK: 0001819928
Period of Report: 2021-04-20

Reporting Person: Desmond Laura (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	190393	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (Rights to Buy)	$2.01	2027-09-20	Common Stock (721694)		Indirect
Options (Rights to Buy)	$2.01	2027-09-20	Common Stock (721694)		Indirect
Restricted Stock Units	$		Common Stock (18519)		Indirect
Restricted Stock Units	$		Common Stock (54264)		Indirect
Restricted Stock Units	$		Common Stock (31008)		Indirect

Footnotes

F1: Represents shares, options and restricted stock units held by the Laura B. Desmond Revocable Trust for which Ms. Desmond is 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 Ms. Desmond's continued service.

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 Ms. Desmond's continued service.

F4: Represents time vesting restricted stock units granted on September 20, 2019 that vested/vest in two equal installments on September 20, 2020 and September 20, 2021, subject to Ms. Desmond's continued service (unless Ms. Desmond's service is terminated by the Company without cause, or by reason of Ms. Desmond's death or disability, in which case all of the unvested restricted stock units will accelerate and fully vest).

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

F6: Represents time vesting restricted stock units granted on April 27, 2020 that vest in two equal installments on April 27, 2021 and April 27, 2022, subject to Ms. Desmond's continued service.

F7: Represents time vesting restricted stock units granted on April 27, 2020 that vest on April 27, 2021, subject to Ms. Desmond's continued service (unless Ms. Desmond's service is terminated by the Company without cause, or by reason of Ms. Desmond's death or disability, in which case all of the unvested restricted stock units will accelerate and fully vest).