Form 4 for DV DoubleVerify Holdings, Inc.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001209191-23-038337 · 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 | 2023-06-20 | 2023-06-15+ | DV | Grimmig Andrew E | CLO | M - OptEx | $6.37 | +121.5K | 58.5K | New | +$774.0K |
| DM | 2023-06-20 | 2023-06-15+ | DV | Grimmig Andrew E | CLO | S - Sale+OE | $36.79 | -120.0K | 57.8K | -68% | -$4.41M |
| D | 2023-06-20 | 2023-06-15 | DV | Grimmig Andrew E | CLO | F - Tax | $36.97 | -722 | 57.8K | -1% | -$26.7K |
| DM | 2023-06-20 | 2023-06-15+ | DV | Grimmig Andrew E | CLO | M - OptEx | $0.00 | -124.0K | 14.9K | -89% | $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 | 2023-06-16 | M | A | 55,999 | $6.45 | 113,759 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-16 | S | D | 55,999 | $36.79 | 57,760 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $36.62 to $37.02, 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. |
| 3 | Common | Common Stock | 2023-06-15 | S | D | 64,001 | $36.79 | 57,760 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $36.45 to $37.08, 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 | Common | Common Stock | 2023-06-15 | M | A | 64,001 | $6.45 | 121,761 | D | — | — | |
| 5 | Common | Common Stock | 2023-06-15 | F | D | 722 | $36.97 | 57,760 | D | — | — | |
| 6 | Common | Common Stock | 2023-06-15 | M | A | 1,493 | $0.00 | 58,482 | D | — | — | (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. |
| 7 | Derivative | Options (Rights to Buy) | 2023-06-16 | M | D | 55,999 | $0.00 | 201,174 | D | $6.45 · — to 2030-04-27 | 55,999 Common Stock | (F9) 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. |
| 8 | Derivative | Options (Rights to Buy) | 2023-06-15 | M | D | 64,001 | $0.00 | 257,173 | D | $6.45 · — to 2030-04-27 | 64,001 Common Stock | (F9) 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. |
| 9 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 2,500 | $0.00 | 35,000 | D | — · — to — | 2,500 Common Stock | (F7) As reported previously, the reporting person made an election under the Issuer's deferred compensation plan to defer delivery of the first four tranches of vested shares until March 2024 or, if sooner, as soon as administratively feasible following his separation from service with the Issuer. (F6) Restricted stock units convert into common stock on a one-for-one basis. (F8) The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested 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. |
| 10 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 1,493 | $0.00 | 14,930 | D | — · — to — | 1,493 Common Stock | (F6) Restricted stock units convert into common stock on a one-for-one basis. (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. |