4//SEC Filing
Locke Mistelle 4
Accession 0001880613-25-000041
CIK 0001880613other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 4:44 PM ET
Size
9.0 KB
Accession
0001880613-25-000041
Insider Transaction Report
Form 4
Locke Mistelle
Director
Transactions
- Sale
Class A Common Stock, par value $0.001 per share
2025-06-12$0.52/sh−3,432$1,785→ 40,447 total - Exercise/Conversion
Restricted Stock Units
2025-06-12−8,205→ 8,205 total→ Class A Common Stock, par value $0.001 per share (8,205 underlying) - Exercise/Conversion
Class A Common Stock, par value $0.001 per share
2025-06-12+8,205→ 43,879 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 sold to satisfy tax liabilities associated with the reported vesting of restricted stock units for 8,205 shares.
- [F3]On June 12, 2023, the reporting person was granted 24,615 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 June 12, 2024, an additional 33 percent vested on June 12, 2025, and the remaining balance of 34 percent of the restricted stock units will vest on June 12, 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
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 4:44 PM ET
- Size
- 9.0 KB