Alexis Le-Quoc - Jun 1, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
President & CTO, Director
Signature
Alexis Le-Quoc, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Jun 1, 2022
Transactions value $
-$927,033
Form type
4
Date filed
6/3/2022, 06:18 PM
Previous filing
Apr 29, 2022
Next filing
Sep 6, 2022

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 +1.86K +146.07% $0.00 3.13K Jun 1, 2022 By GRAT F1, F2
transaction DDOG Class A Common Stock Sale -$927K -9.07K -4.37% $102.22 198K Jun 2, 2022 Direct F3

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 -1.86K -0.07% $0.00 2.55M Jun 1, 2022 Class A Common Stock 1.86K By GRAT F1, F2
holding DDOG Class B Common Stock 7.67M Jun 1, 2022 Class A Common Stock 7.67M By Trust F1, F4
* 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 into an equal number of shares of Class A Common Stock at any time, at the holder's election, 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 nine-month anniversary of 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 by the Alexis Le-Quoc 2016 GRAT.
F3 The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
F4 Shares are held by the Alexis Le-Quoc Revocable Trust.