Echard Susan 4
4 · Direct Digital Holdings, Inc. · Filed Mar 22, 2023
Insider Transaction Report
Form 4
Echard Susan
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-03-20+6,315→ 6,315 total→ Class A Common Stock, par value $0.001 per share (6,315 underlying) - Award
Employee Stock Options (right to buy)
2023-03-20+6,315→ 6,315 totalExercise: $3.96Exp: 2033-03-20→ Class A Common Stock, par value $0.001 per share (6,315 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to one share of DRCT's Class A Common Stock, par value $0.001 per share, upon settlement.
- [F2]The restricted stock units will vest in three equal annual installments, beginning on March 20, 2024. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the Direct Digital Holdings, Inc. 2022 Omnibus Incentive Plan).
- [F3]This option is scheduled to vest in three equal annual installments beginning on March 20, 2024.