4//SEC Filing
Locke Mistelle 4
Accession 0001104659-24-005325
CIK 0001880613other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 6:00 AM ET
Size
7.7 KB
Accession
0001104659-24-005325
Insider Transaction Report
Form 4
Locke Mistelle
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-01-16+7,246→ 7,246 total - Exercise/Conversion
Restricted Stock Units
2024-01-16−7,246→ 14,493 total→ Class A Common Stock, par value $0.001 per share (7,246 underlying)
Footnotes (2)
- [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]On January 16, 2023, the reporting person was granted 21,739 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 33 percent of the restricted stock units vested on January 16, 2024, an additional 33 percent will vest on January 16, 2025, and the remaining balance of 34 percent of the restricted stock units will vest on January 16, 2026. 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).
Documents
Issuer
Direct Digital Holdings, Inc.
CIK 0001880613
Entity typeother
Related Parties
1- filerCIK 0001960753
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 6:00 AM ET
- Size
- 7.7 KB