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