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Filing Details

Accession Number:: 0001209191-24-004919
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-03-19 16:04:59
Reporting Period:: 2024-03-15

Accepted Time:: 2024-03-19 16:04:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1819928	Doubleverify Holdings Inc.	DV	Services-Computer Programming, Data Processing, Etc. (7370)	822714562

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1854079	E Andrew Grimmig	C/O Doubleverify Holdings, Inc. 462 Broadway New York NY 10013	Chief Legal Officer	No	Yes	No	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
Common Stock	Acquisiton	2024-03-15	1,493	$0.00	64,062	No	4	M	Direct
Common Stock	Disposition	2024-03-15	498	$33.09	63,564	No	4	F	Direct
Common Stock	Acquisiton	2024-03-15	10,000	$0.00	73,564	No	4	M	Direct
Common Stock	Disposition	2024-03-15	3,096	$33.09	70,468	No	4	F	Direct
Common Stock	Acquisiton	2024-03-15	2,500	$0.00	72,968	No	4	M	Direct
Common Stock	Disposition	2024-03-15	833	$33.09	72,135	No	4	F	Direct
Common Stock	Acquisiton	2024-03-15	2,384	$0.00	74,519	No	4	M	Direct
Common Stock	Disposition	2024-03-15	794	$33.09	73,725	No	4	F	Direct
Common Stock	Acquisiton	2024-03-18	16,667	$6.45	90,392	No	4	M	Direct
Common Stock	Disposition	2024-03-18	16,667	$33.37	73,725	No	4	S	Direct
Common Stock	Disposition	2024-03-18	20,332	$33.43	53,393	No	4	S	Direct
Common Stock	Disposition	2024-03-18	13,925	$33.79	39,468	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2024-03-15	1,493	$0.00	1,493	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-03-15	2,500	$0.00	2,500	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-03-15	2,384	$0.00	2,384	$0.00
Common Stock	Options (Rights to Buy)	Disposition	2024-03-18	16,667	$0.00	16,667	$6.45

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,451		No	4	M	Direct
27,500		No	4	M	Direct
35,757		No	4	M	Direct
184,507	2030-04-27	No	4	M	Direct

Footnotes

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.