Kerry Acocella - Jan 5, 2022 Form 3 Insider Report for Datadog, Inc. (DDOG)

Signature
Kerry Acocella, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Jan 5, 2022
Transactions value $
$0
Form type
3
Date filed
1/18/2022, 04:34 PM
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DDOG Class A Common Stock 22.3K Jan 5, 2022 Direct F1

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 Stock Option (Right to Buy) Jan 5, 2022 Class B Common Stock 12.3K $4.20 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of Class A Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. 2,398 shares remain subject to vesting through December 1, 2023 (with an original vesting schedule of 25% vesting on December 1, 2020 and in equal quarterly installments thereafter over the following three years), 4,423 shares begin vesting on March 1, 2022 (with vesting occurring in equal quarterly installments over three years) and 2,298 shares begin vesting on September 1, 2022 (with 25% vested on September 1, 2022 and in equal monthly installments thereafter over the following three years), in each case subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer as of each such date.
F2 This stock option, initially representing a right to purchase a total of 42,000 shares, became exercisable as to 25% of the shares on January 7, 2020 and vests in 36 equal monthly installments thereafter, subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2012 Equity Incentive Plan) of the Issuer as of each such date. There are 12,252 unexercised shares remaining subject to this option grant.
F3 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.