Laszlo Kopits - Jul 1, 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
General Counsel
Signature
Laszlo Kopits, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Jul 1, 2021
Transactions value $
-$420,000
Form type
4
Date filed
7/6/2021, 07:43 PM
Previous filing
Jun 24, 2021
Next filing
Sep 14, 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 $0 +11.9K +11.27% $0.00 117K Jul 1, 2021 Direct F1
transaction DDOG Class A Common Stock Sale -$420K -4K -3.4% $105.00 113K Jul 1, 2021 Direct F2

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 -11.9K -6.47% $0.00 172K Jul 1, 2021 Class A Common Stock 11.9K 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 February 27, 2021.