David M. Obstler - 31 Aug 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
David Obstler, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
31 Aug 2021
Net transactions value
-$2,058,794
Form type
4
Filing time
02 Sep 2021, 17:16:47 UTC
Previous filing
29 Oct 2021
Next filing
07 Sep 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 +15,000 +8.5% $0.000000 192,095 31 Aug 2021 Direct F1
transaction DDOG Class A Common Stock Sale $94,770 -700 -0.36% $135.39 191,395 31 Aug 2021 Direct F2, F3
transaction DDOG Class A Common Stock Sale $397,569 -2,908 -1.5% $136.72 188,487 31 Aug 2021 Direct F2, F4
transaction DDOG Class A Common Stock Sale $1,566,455 -11,392 -6% $137.50 177,095 31 Aug 2021 Direct F2, 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 Stock Option (Right to Buy) Options Exercise $0 -15,000 -2% $0.000000 740,000 31 Aug 2021 Class B Common Stock 15,000 $1.55 Direct F6
transaction DDOG Class B Common Stock Options Exercise $0 +15,000 $0.000000 15,000 31 Aug 2021 Class A Common Stock 15,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -15,000 -100% $0.000000* 0 31 Aug 2021 Class A Common Stock 15,000 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 June 14, 2021.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $134.93 to $135.91. 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 $136.09 to $137.08. 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 $137.09 to $138.07. 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.
F6 Option vests as to 25% on September 6, 2019 and in equal monthly installments thereafter over three years.