Julie Richardson - 14 Jun 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Director
Signature
Julie Richardson, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
14 Jun 2021
Net transactions value
-$278,342
Form type
4
Filing time
16 Jun 2021, 16:34:25 UTC
Previous filing
14 Jun 2021
Next filing
01 Jul 2021

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 $24,873 +3,126 +71% $7.96* 7,543 14 Jun 2021 Direct F1
transaction DDOG Class A Common Stock Sale $86,790 -900 -12% $96.43 6,643 14 Jun 2021 Direct F2, F3
transaction DDOG Class A Common Stock Sale $216,425 -2,226 -34% $97.23 4,417 14 Jun 2021 Direct F2, F4

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 Stock Option (Right to Buy) Options Exercise $0 -3,126 -4% $0.000000 75,000 14 Jun 2021 Class B Common Stock 3,126 $7.96 Direct F5
transaction DDOG Class B Common Stock Options Exercise $0 +3,126 $0.000000 3,126 14 Jun 2021 Class A Common Stock 3,126 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -3,126 -100% $0.000000* 0 14 Jun 2021 Class A Common Stock 3,126 Direct F1
* 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 sold pursuant to a 10b5-1 plan entered into on May 14, 2020.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $95.84 to $96.77. 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.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $96.93 to $97.60. 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 25% of the shares underlying the option vested on June 11, 2020, with the remainder vesting in equal monthly installments thereafter over three years.