Christopher Edward Mccloskey - Jun 23, 2022 Form 4 Insider Report for DATTO HOLDING CORP. (MSP)

Role: Chief Customer Officer
Signature: /s/ Adam Collicelli, by Power of Attorney
Stock symbol: MSP
Transactions as of: Jun 23, 2022
Transactions value $: -$10,200,000
Form type: 4
Date filed: 6/27/2022, 09:36 PM
Previous filing: Apr 20, 2022

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	MSP	Stock Options	Disposed to Issuer	-$10.2M	-400K	-100%	$25.50	0	Jun 23, 2022	Common Stock	400K	$10.00	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Christopher Edward Mccloskey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger, dated April 11, 2022, by and among Knockout Parent Inc., Knockout Merger Sub Inc., the Issuer, and, for certain limited purposes set forth in the Merger Agreement, Kaseya Holdings Inc. and Kaseya Inc. (the "Merger Agreement"), each share of Issuer common stock ("Common Stock") was canceled and converted into the right to receive $35.50 per share in cash without interest, subject to required withholding taxes.
F2	Pursuant to the Merger Agreement, each option to purchase Issuer common stock (an "Option") that was unexpired, unexercised, outstanding and vested as of immediately prior to June 23, 2022 (the "Effective Time") or that vested in accordance with its terms as a result of the consummation of the Merger and the other transactions contemplated by the Merger Agreement (a "Vested Option"), was, at the Effective Time, canceled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of Common Stock subject to such Vested Option as of immediately prior to the Effective Time and (ii) the excess, if any, of $35.50 over the per share exercise price of such Vested Option.
F3	At the Effective Time, the 400,000 Options were canceled in exchange for a cash payment representing the difference between $35.50 and the exercise price of the option per share.