Form 4 for DV DoubleVerify Holdings, Inc.
Accepted 2023-03-15 00:00:00 ET · period of report 2023-03-13 · accession 0001209191-23-018920 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-15 | 2023-03-13 | DV | Grimmig Andrew E | CLO | S - Sale+OE | $24.26 | -40.0K | 55.0K | -42% | -$970.5K |
| D | 2023-03-15 | 2023-03-13 | DV | Grimmig Andrew E | CLO | M - OptEx | $6.45 | +40.0K | 95.0K | +73% | +$258.0K |
| D | 2023-03-15 | 2023-03-13 | DV | Grimmig Andrew E | CLO | M - OptEx | $0.00 | -40.0K | 401.2K | -9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-13 | S | D | 27,144 | $24.05 | 67,824 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-03-13 | M | A | 40,000 | $6.45 | 94,968 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-13 | S | D | 12,856 | $24.71 | 54,968 | D | — | — | (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. |
| 4 | Derivative | Options (Rights to Buy) | 2023-03-13 | M | D | 40,000 | $0.00 | 401,174 | D | $6.45 · — to 2030-04-27 | 40,000 Common Stock | (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. |