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DoubleVerify Holdings, Inc. — Director's Dealing 2023
Mar 15, 2023
31682_dirs_2023-03-15_5b7be532-c5ef-4909-8929-1ce16910f7f6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DoubleVerify Holdings, Inc. (DV)
CIK: 0001819928
Period of Report: 2023-03-13
Reporting Person: Grimmig Andrew E (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-13 | Common Stock | M | 40000 | $6.45 | Acquired | 94968 | Direct |
| 2023-03-13 | Common Stock | S | 27144 | $24.045 | Disposed | 67824 | Direct |
| 2023-03-13 | Common Stock | S | 12856 | $24.7065 | Disposed | 54968 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-13 | Options (Rights to Buy) | $6.45 | M | 40000 | Disposed | 2030-04-27 | Common Stock (40000) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2022.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.425 to $24.42, inclusive. The reporting person undertakes to provide to 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 above.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.425 to $24.99, inclusive. The reporting person undertakes to provide to 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 above.
F4: Represents non-qualified stock options granted on April 27, 2020, 25% of which vested on March 30, 2021 and the remainder of which vest at a rate of 6.25% per quarter thereafter, subject to Mr. Grimmig's continued employment.
F5: The total was increased by one share due to an administrative calculation error due to rounding of the vested amount.