0001209191-24-004919.txt : 20240319 0001209191-24-004919.hdr.sgml : 20240319 20240319160459 ACCESSION NUMBER: 0001209191-24-004919 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grimmig Andrew E CENTRAL INDEX KEY: 0001854079 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40349 FILM NUMBER: 24763015 MAIL ADDRESS: STREET 1: C/O DOUBLEVERIFY HOLDINGS, INC. STREET 2: 233 SPRING STREET CITY: NEW YORK STATE: NY ZIP: 10013 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DoubleVerify Holdings, Inc. CENTRAL INDEX KEY: 0001819928 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 822714562 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 462 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 212-631-2111 MAIL ADDRESS: STREET 1: 462 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10013 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-03-15 0 0001819928 DoubleVerify Holdings, Inc. DV 0001854079 Grimmig Andrew E C/O DOUBLEVERIFY HOLDINGS, INC. 462 BROADWAY NEW YORK NY 10013 0 1 0 0 Chief Legal Officer 1 Common Stock 2024-03-15 4 M 0 1493 0.00 A 64062 D Common Stock 2024-03-15 4 F 0 498 33.09 D 63564 D Common Stock 2024-03-15 4 M 0 10000 0.00 A 73564 D Common Stock 2024-03-15 4 F 0 3096 33.09 D 70468 D Common Stock 2024-03-15 4 M 0 2500 0.00 A 72968 D Common Stock 2024-03-15 4 F 0 833 33.09 D 72135 D Common Stock 2024-03-15 4 M 0 2384 0.00 A 74519 D Common Stock 2024-03-15 4 F 0 794 33.09 D 73725 D Common Stock 2024-03-18 4 M 0 16667 6.45 A 90392 D Common Stock 2024-03-18 4 S 0 16667 33.3725 D 73725 D Common Stock 2024-03-18 4 S 0 20332 33.4318 D 53393 D Common Stock 2024-03-18 4 S 0 13925 33.7924 D 39468 D Restricted Stock Units 2024-03-15 4 M 0 1493 0.00 D Common Stock 1493 10451 D Restricted Stock Units 2024-03-15 4 M 0 2500 0.00 D Common Stock 2500 27500 D Restricted Stock Units 2024-03-15 4 M 0 2384 0.00 D Common Stock 2384 35757 D Options (Rights to Buy) 6.45 2024-03-18 4 M 0 16667 0.00 D 2030-04-27 Common Stock 16667 184507 D 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. Represents shares withheld to satisfy tax obligations in connection with the vesting of 1,493 RSUs on March 15, 2024. 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. 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. Represents shares withheld to satisfy tax obligations in connection with the settlement of 10,000 RSUs on March 15, 2024. Represents shares withheld to satisfy tax obligations in connection with the vesting of 2,500 RSUs on March 15, 2024. 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. Represents shares withheld to satisfy tax obligations in connection with the vesting of 2,384 RSUs on March 15, 2024. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $33.10 to $33.61, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32.71 to $33.70, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $33.705 to $33.90, 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. Restricted stock units convert into common stock on a one-for-one basis. 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. /s/ Andrew E. Grimmig 2024-03-19