Amit Agarwal - 01 Jun 2021 Form 4/A - Amendment Insider Report for Datadog, Inc. (DDOG)

Role
Chief Product Officer
Signature
Amit Agarwal, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
01 Jun 2021
Net transactions value
-$1,143,096
Form type
4/A - Amendment
Filing time
04 Jun 2021, 18:43:14 UTC
Date Of Original Report
03 Jun 2021
Previous filing
21 May 2021
Next filing
21 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Conversion of derivative security $0 +11,520 +1176% $0.000000 12,500 02 Jun 2021 By GRAT F1, F2
transaction DDOG Common A Common Stock Sale $1,109,487 -12,135 -97% $91.43 365 02 Jun 2021 By GRAT F2, F3, F4
transaction DDOG Common A Common Stock Sale $33,609 -365 -100% $92.08 0 02 Jun 2021 By GRAT F2, F3, F5

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 -11,520 -1.2% $0.000000 930,000 02 Jun 2021 Class A Common Stock 11,520 By GRAT F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 earliest 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, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
F2 Shares are held directly by Amit Agarwal 2019 GRAT, of which the Reporting Person is Trustee.
F3 Shares sold pursuant to a 10b5-1 plan entered into on September 2, 2020.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $90.85 to $91.76. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $92.00 to $92.15. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Remarks:

This Form 4 Amendment is being filed solely to correct the amount of Class B shares converted by Amit Agarwal 2019 GRAT on June 2, 2021, previously reported as 12,500 shares and should have been reflected as 11,520 shares.