Shardul Shah - Nov 23, 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Director
Signature
/s/ Shardul Shah
Stock symbol
DDOG
Transactions as of
Nov 23, 2021
Transactions value $
-$2,404,068
Form type
4
Date filed
11/24/2021, 03:30 PM
Previous filing
Aug 24, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Conversion of derivative security $0 +636K $0.00 636K Nov 23, 2021 See Footnote F1, F2
transaction DDOG Class A Common Stock Other $0 -636K -100% $0.00* 0 Nov 23, 2021 See Footnote F1, F2
transaction DDOG Class A Common Stock Other $0 -157K -98.72% $0.00 2.04K Nov 23, 2021 See Footnote F1, F3
transaction DDOG Class A Common Stock Sale -$363K -2.04K -100% $178.00 0 Nov 23, 2021 See Footnote F3
transaction DDOG Class A Common Stock Conversion of derivative security $0 +1.89M $0.00 1.89M Nov 23, 2021 See Footnote F4, F5
transaction DDOG Class A Common Stock Other $0 -1.89M -100% $0.00* 0 Nov 23, 2021 See Footnote F4, F5
transaction DDOG Class A Common Stock Conversion of derivative security $0 +38.2K $0.00 38.2K Nov 23, 2021 See Footnote F6, F7
transaction DDOG Class A Common Stock Other $0 -38.2K -100% $0.00* 0 Nov 23, 2021 See Footnote F6, F7
transaction DDOG Class A Common Stock Other $0 -482K -100% $0.00* 0 Nov 23, 2021 See Footnote F4, F6, F8
transaction DDOG Class A Common Stock Conversion of derivative security $0 +34.1K $0.00 34.1K Nov 23, 2021 See Footnote F9, F10
transaction DDOG Class A Common Stock Other $0 -22.6K -66.38% $0.00 11.5K Nov 23, 2021 See Footnote F9, F10
transaction DDOG Class A Common Stock Sale -$2.04M -11.5K -100% $178.00 0 Nov 23, 2021 See Footnote F10
holding DDOG Class A Common Stock 371K Nov 23, 2021 Direct F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DDOG Class B Common Stock Conversion of derivative security $0 -636K -21.67% $0.00 2.3M Nov 23, 2021 Class A Common Stock 636K See Footnote F1, F2, F12
transaction DDOG Class B Common Stock Conversion of derivative security $0 -1.89M -21.67% $0.00 6.84M Nov 23, 2021 Class A Common Stock 1.89M See Footnote F4, F5, F12
transaction DDOG Class B Common Stock Conversion of derivative security $0 -38.2K -21.67% $0.00 138K Nov 23, 2021 Class A Common Stock 38.2K See Footnote F6, F7, F12
transaction DDOG Class B Common Stock Conversion of derivative security $0 -34.1K -21.67% $0.00 123K Nov 23, 2021 Class A Common Stock 34.1K See Footnote F9, F10, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 23, 2021, Index Ventures Growth III (Jersey), L.P. ("Index Growth III") converted in the aggregate 636,482 shares of the Issuer's Class B Common Stock into 636,482 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index Growth III distributed in-kind, without consideration, 636,482 shares of Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Growth Associates III Limited ("IVGA III"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVGA III distributed in-kind, without consideration, 157,084 shares of Class A Common Stock received in the Index Growth III distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F2 The shares are held by Index Growth III. IVGA III is the general partner of Index Growth III. The Reporting Person is a partner within the Index Ventures group. Advisors within the Index Ventures group provide advice to each of Index Growth III, Index Ventures VI (Jersey) L.P. ("Index VI"), and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel" and together with Index Growth III and Index VI, the "Funds"). The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F3 The shares are held by IVGA III. The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F4 On November 23, 2021, Index Ventures VI (Jersey), L.P. ("Index VI") converted in the aggregate 1,891,229 shares of the Issuer's Class B Common Stock into 1,891,229 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VI distributed in-kind, without consideration, 1,891,229 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVA VI distributed in-kind, without consideration, the 472,807 shares of Class A Common Stock received in the Index VI distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F5 The shares are held by Index VI. IVA VI is the general partner of Index VI. The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F6 On November 23, 2021, Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel") converted in the aggregate 38,175 shares of the Issuer's Class B Common Stock into 38,175 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VI Parallel distributed in-kind, without consideration, 38,175 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, IVA VI, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVA VI distributed in-kind, without consideration, the 9,544 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F7 The shares are held by Index VI Parallel. IVA VI is the general partner of Index VI Parallel. The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F8 The shares are held by IVA VI.
F9 On November 23, 2021, Yucca (Jersey) SLP ("Yucca") converted in the aggregate 34,114 shares of the Issuer's Class B Common Stock into 34,114 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Yucca distributed in-kind, without consideration, 22,645 shares of Class A Common Stock pro-rata to its partners in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F10 The shares are held by Yucca. Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Fund's investment in the Issuer (in this case, Index Growth III, Index VI and Index VI Parallel). The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F11 Includes shares received in the distributions described in footnotes (1), (4) and (6) above.
F12 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, and (ii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.