4//SEC Filing
Diaz Diana P 4
Accession 0001104659-24-109848
CIK 0001880613other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 4:05 PM ET
Size
9.4 KB
Accession
0001104659-24-109848
Insider Transaction Report
Form 4
Diaz Diana P
CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-10-16−6,216→ 12,434 total→ Class A Common Stock, par value $0.001 per share (6,216 underlying) - Exercise/Conversion
Class A Common Stock
2024-10-16+6,216→ 9,910 total - Tax Payment
Class A Common Stock
2024-10-16$3.59/sh−1,514$5,435→ 8,396 total
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]Represents shares withheld to satisfy tax liabilities associated with the reported vesting of restricted stock units for 6,216 shares.
- [F3]On October 16, 2023, the reporting person was granted 18,650 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 33% of the restricted stock units vested on October 16, 2024, an additional 33% of the restricted stock units will vest on October 16, 2025, and the remaining balance of 34% of the restricted stock units will vest on October 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 0001493839
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 4:05 PM ET
- Size
- 9.4 KB