DAVID M. OBSTLER - 16 Mar 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Financial Officer
Signature
David Obstler, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
16 Mar 2022
Net transactions value
-$494,125
Form type
4
Filing time
18 Mar 2022, 20:29:38 UTC
Previous filing
03 Mar 2022
Next filing
07 Apr 2022
SEC
View on sec.gov

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 +3,750 $0.000000 3,750 16 Mar 2022 By GRAT F1, F2
transaction DDOG Class A Common Stock Sale $156,375 -1,250 -33% $125.10 2,500 16 Mar 2022 By GRAT F2, F3
transaction DDOG Class A Common Stock Sale $337,750 -2,500 -100% $135.10 0 16 Mar 2022 By GRAT F2, F3
holding DDOG Class A Common Stock 172,786 16 Mar 2022 Direct

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 -3,750 -1.9% $0.000000 196,147 16 Mar 2022 Class A Common Stock 3,750 By GRAT F1, F2
holding DDOG Class B Common Stock 15,603 16 Mar 2022 Class A Common Stock 15,603 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 are held directly by the David Obstler 2019 GRAT, of which Reporting Person is Trustee.
F3 Shares sold pursuant to a 10b5-1 plan entered into on September 10, 2021.