Michael James Callahan - Jun 10, 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Director
Signature
Michael James Callahan, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Jun 10, 2021
Transactions value $
$0
Form type
4
Date filed
6/14/2021, 04:35 PM
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Award $0 +2.12K +91.96% $0.00 4.42K Jun 10, 2021 Direct F1
transaction DDOG Class A Common Stock Gift $0 -250 -1.77% $0.00 13.9K May 27, 2021 By Trust F2
holding DDOG Class A Common Stock 20K Jun 10, 2021 By GRAT F3

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
holding DDOG Class B Common Stock 25K Jun 10, 2021 Class A Common Stock 25K By Trust F2, F4, F5
holding DDOG Class B Common Stock 67.5K Jun 10, 2021 Class A Common Stock 67.5K By GRAT F3, F4, F5
holding DDOG Class B Common Stock 87.5K Jun 10, 2021 Class A Common Stock 87.5K By GRAT F4, F5, F6
holding DDOG Class B Common Stock 358K Jun 10, 2021 Class A Common Stock 358K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares underlying Restricted Stock Units ("RSUs") granted pursuant to the Issuer's non-employee director compensation policy. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. The RSUs vest on the earlier of (A) the Company's next annual meeting of stockholders and (B) June 10, 2022, in each case, subject to the Reporting Person's continuous service to the Issuer through the vesting date.
F2 The Shares are held by The Callahan-Thernstrom Family Trust, of which Reporting Person is Trustee.
F3 Shares are held by The Michael Callahan Grantor Retained Annuity Trust, of which Reporting Person is Trustee.
F4 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.
F5 Reflects exempt annuity payments of 12,496 shares from each of The Michael Callahan Grantor Retained Annuity Trust and The Melanie Thernstrom Grantor Retained Annuity Trust to The Callahan-Thernstrom Family Trust on December 4, 2020.
F6 Shares are held directly by The Melanie Thernstrom Grantor Retained Annuity Trust, of which Reporting Person's spouse is Trustee.