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DoubleVerify Holdings, Inc. — Director's Dealing 2024
Mar 19, 2024
31682_dirs_2024-03-19_b96c0712-5f13-4c76-9230-1a57f33af6e6.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: 2024-03-15
Reporting Person: Allais Nicola T (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 2489 | $0.00 | Acquired | 69798 | Direct |
| 2024-03-15 | Common Stock | F | 1004 | $33.09 | Disposed | 68794 | Direct |
| 2024-03-15 | Common Stock | M | 4063 | $0.00 | Acquired | 72857 | Direct |
| 2024-03-15 | Common Stock | F | 1638 | $33.09 | Disposed | 71219 | Direct |
| 2024-03-15 | Common Stock | M | 3034 | $0.00 | Acquired | 74253 | Direct |
| 2024-03-15 | Common Stock | F | 1223 | $33.09 | Disposed | 73030 | Direct |
| 2024-03-18 | Common Stock | M | 5364 | $2.01 | Acquired | 78394 | Direct |
| 2024-03-18 | Common Stock | S | 5364 | $32.7961 | Disposed | 73030 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Units | $ | M | 2489 | Disposed | Common Stock (2489) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | M | 4063 | Disposed | Common Stock (4063) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | M | 3034 | Disposed | Common Stock (3034) | Direct | |
| 2024-03-18 | Options (Rights to Buy) | $2.01 | M | 5364 | Disposed | 2028-01-04 | Common Stock (5364) | Direct |
Footnotes
F1: The restricted stock units were granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F2: Represents shares withheld to satisfy tax obligations in connection with the vesting of 2,489 restricted stock units on March 15, 2024.
F3: The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.
F4: Represents shares withheld to satisfy tax obligations in connection with the vesting of 4,063 restricted stock units on March 15, 2024.
F5: The restricted stock units were granted on December 19, 2023. 6.25% of the restricted stock units vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
F6: Represents shares withheld to satisfy tax obligations in connection with the vesting of 3,034 restricted stock units on March 15, 2024.
F7: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2023.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32.71 to $32.96, 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.
F9: Restricted stock units convert into common stock on a one-for-one basis.
F10: Represents non-qualified stock options granted on January 4, 2018, 25% of which vested on November 6, 2018 and the remainder of which vested at a rate of 6.25% per quarter thereafter, subject to Mr. Allais's continued employment. The options fully vested on November 6, 2021.