0001104659-23-094631.txt : 20230823 0001104659-23-094631.hdr.sgml : 20230823 20230823213241 ACCESSION NUMBER: 0001104659-23-094631 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230610 FILED AS OF DATE: 20230823 DATE AS OF CHANGE: 20230823 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Walker Mark D CENTRAL INDEX KEY: 0001896664 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-41261 FILM NUMBER: 231198776 MAIL ADDRESS: STREET 1: C/O DIRECT DIGITAL HOLDINGS, INC. STREET 2: 1233 WEST LOOP SUITE 1170 CITY: HOUSTON STATE: TX ZIP: 77027 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Direct Digital Holdings, Inc. CENTRAL INDEX KEY: 0001880613 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 872306185 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1177 WEST LOOP SOUTH STREET 2: SUITE 1310 CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 832-402-1051 MAIL ADDRESS: STREET 1: 1177 WEST LOOP SOUTH STREET 2: SUITE 1310 CITY: HOUSTON STATE: TX ZIP: 77027 4/A 1 tm2324608-3_4aseq1.xml OWNERSHIP DOCUMENT X0508 4/A 2023-06-10 2023-06-13 0 0001880613 Direct Digital Holdings, Inc. DRCT 0001896664 Walker Mark D C/O DIRECT DIGITAL HOLDINGS, INC. 1177 WEST LOOP SOUTH, SUITE 1310 HOUSTON TX 77027 1 1 1 0 Chairman and CEO 0 Class A Common Stock 2023-06-10 4 M 0 20300 A 20300 D Class A Common Stock 2023-06-10 4 F 0 4944 3.25 D 15356 D Restricted Stock Units 2023-06-10 4 M 0 20300 0 D Class A Common Stock, par value $0.001 per share 20300 40600 D 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. Due to administrative error, the withholding of shares to satisfy the tax liability incident to the vesting of the restricted stock unit was inadvertently omitted from the original version of this report. On June 10, 2022, the reporting person was granted 60,900 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 June 10, 2023, an additional 33% will vest on June 10, 2024, and the remaining balance of 34% of the restricted stock units will vest on June 10, 2025. 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). /s/ Keith W. Smith, attorney-in-fact for Mark D. Walker 2023-08-23