Form 4: DoubleVerify Holdings Executive Exercises Stock Options
SEC Form 4 Filing
Andrew Grimmig, Chief Legal Officer of DoubleVerify Holdings, exercised stock options and converted restricted stock units into common stock on August 15, 2024.
Summary
- On August 15, 2024, Andrew Grimmig, the Chief Legal Officer of DoubleVerify Holdings, exercised stock options.
- This transaction involved the conversion of 1,983 restricted stock units (RSUs) into common stock.
- The RSUs were initially granted on February 17, 2021, and vest quarterly.
- Following the transaction, Grimmig directly owns 48,853 shares of common stock and 3,964 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting routine executive compensation activity.
Industry Context
This is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| February 17, 2021 | Date the restricted stock units (RSUs) were granted. |
| February 15, 2022 | 25% of the RSUs vested and were settled. |
| August 15, 2024 | Date of the transaction where RSUs were converted into common stock. |
| August 19, 2024 | Date of the signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.