Pillai Anu 4
4 · Direct Digital Holdings, Inc. · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Pillai Anu
Chief Technology Officer
Transactions
- Award
Employee Stock Options (right to buy)
2025-04-01+22,500→ 22,500 totalExercise: $0.64Exp: 2035-04-01→ Class A Common Stock, par value $0.001 per share (22,500 underlying) - Award
Restricted Stock Units
2025-04-01+22,500→ 22,500 total→ Class A Common Stock, par value $0.001 per share (22,500 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 annual installments, with 33% to vest on each of the first and second anniversary of the grant date and the remaining 34% to vest on the third anniversary of the grant date. 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 April 1, 2026.