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Filing Details

Accession Number:: 0001209191-21-028561
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-04-27 16:06:11
Reporting Period:: 2021-04-23

Accepted Time:: 2021-04-27 16:06:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1819928	Doubleverify Holdings Inc.	DV	()	RI

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1035233	M Jonathan Nelson	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1320307	J Michael Dominguez	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1476657	David J. Phillips	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1831271	Providence Butternut Co-Investment L.p.	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1854132	L.p. Holdings U.s. Vii Providence	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1857194	A Karim Tabet	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1857411	A Andrew Tisdale	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1857463	L.p. Master Public Providence	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No
1857469	L.p. Vii-A Gp Equity Providence	C/O Providence Equity Partners L.l.c. 50 Kennedy Plaza, 18Th Fl Providence RI 02903	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-04-23	5,992,869	$0.00	90,148,070	No	4	S	Direct
Common Stock	Acquisiton	2021-04-23	871,520	$0.00	871,520	No	4	C	Indirect	By Providence Public Master L.P.
Common Stock	Acquisiton	2021-04-23	581,014	$0.00	581,014	No	4	C	Indirect	By Providence Butternut Co-Investment L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	C	Indirect	By Providence Public Master L.P.
No	4	C	Indirect	By Providence Butternut Co-Investment L.P.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Preferred Stock	Disposition	2021-04-23	2,614,561	$0.00	2,614,561	$0.00
Common Stock	Series A Preferred Stock	Disposition	2021-04-23	1,743,041	$0.00	1,743,041	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Indirect
0			No	4	C	Indirect

Footnotes

The securities reported represent 4,881,758 shares of common stock of DoubleVerify Holdings, Inc. (the "Issuer") sold by Providence VII U.S. Holdings L.P. ("Providence VII") in the Issuer's initial public offering (the "IPO") at a net price per share of $25.38 after deducting underwriting discounts and commissions and 1,111,111 shares of the Issuer's common stock sold by Providence VII in a secondary transaction concurrent with the IPO at a price per share of $27.00.
The securities reported are held directly by Providence VII and may be deemed to be beneficially owned by Providence Equity GP VII-A L.P. ("Providence GP") because Providence GP is the general partner of Providence VII. Jonathan M. Nelson, R. Davis Noell, J. David Phillips, Karim A. Tabet, Andrew A. Tisdale and Michael J. Dominguez control Providence Holdco (International) GP Ltd. ("Holdco"), which is the general partner of Providence Fund Holdco (International) L.P. Providence Fund Holdco (International) L.P. is the general partner of PEP VII-A International Ltd., which is the general partner of Providence GP.
Jonathan M. Nelson, R. Davis Noell, J. David Phillips, Karim A. Tabet, Andrew A. Tisdale and Michael J. Dominguez may be deemed to exercise voting and investment power over, and thus may be deemed to beneficially own, the securities held by Providence VII due to their relationships with Holdco. Each of Providence GP, Jonathan M. Nelson, R. Davis Noell, J. David Phillips, Karim A. Tabet, Andrew A. Tisdale and Michael J. Dominguez hereby disclaims beneficial ownership of the shares held by Providence VII, except to the extent of its or his pecuniary interest therein, and this form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this form.
R. Davis Noell has separately filed a Form 4.
The securities reported are held directly by Providence Public Master L.P., which had the right to acquire 871,520 shares of common stock of the Issuer upon the conversion of 2,614,561 shares of Series A Preferred Stock at a conversion rate of one-third of a share of common stock for every three shares of Series A Preferred Stock. Each outstanding share of Series A Preferred Stock automatically converted into one-third of a share of common stock of the Issuer for no additional consideration upon the completion of the IPO. Providence Public Master L.P. is an investment fund affiliated with Providence VII and thus Providence VII may be deemed to beneficially own the securities held by Providence Public Master L.P.
The securities reported are held directly by Providence Butternut Co-Investment L.P., which had the right to acquire 581,014 shares of common stock of the Issuer upon the conversion of 1,743,041 shares of Series A Preferred Stock at a conversion rate of one-third of a share of common stock for every three shares of Series A Preferred Stock. Each outstanding share of Series A Preferred Stock automatically converted into one-third of a share of common stock of the Issuer for no additional consideration upon the completion of the IPO. Providence Butternut Co-Investment L.P. is an investment fund affiliated with Providence VII and thus Providence VII may be deemed to beneficially own the securities held by Providence Butternut Co-Investment L.P.