IA Venture Strategies Fund II, LP - Sep 3, 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
10%+ Owner
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Sep 3, 2021
Transactions value $
$0
Form type
4
Date filed
9/8/2021, 05:08 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Other $0 -4.98M -34.36% $0.00 9.51M Sep 3, 2021 By IA Venture Strategies Fund II, LP F1, F2
transaction DOCN Common Stock Other $0 -109K -34.36% $0.00 207K Sep 3, 2021 By IA Venture Strategies II Side Fund, LP F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

IA Venture Strategies Fund II, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by IA Venture Strategies Fund II, LP ("IAVS Fund II") to its general partner and limited partners without additional consideration.
F2 The shares are held by IAVS Fund II. IA Venture Partners II, LLC is the general partner (the "General Partner") of IAVS Fund II. The General Partner has voting and investment control over the shares held by IAVS Fund II. Roger Ehrenberg, Bradford Gillespie and Jesse Beyroutey are the members of IA Venture Partners II, LLC and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by this entity. Mr. Ehrenberg, Mr. Gillespie and Mr. Beyroutey disclaim beneficial ownership with respect to such shares except to the extent of their pecuniary interest therein.
F3 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by IA Venture Strategies II Side Fund, LP ("IAVS Side Fund II") to its general partner and limited partners without additional consideration.
F4 The shares are held by IAVS Side Fund II. IA Venture Partners II, LLC is the general partner of IAVS Side Fund II. The General Partner has voting and investment control over the shares held by IAVS Side Fund II. Roger Ehrenberg, Bradford Gillespie and Jesse Beyroutey are the members of IA Venture Partners II, LLC and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by this entity. Mr. Ehrenberg, Mr. Gillespie and Mr. Beyroutey disclaim beneficial ownership with respect to such shares except to the extent of their pecuniary interest therein.