Kerry Acocella - Jun 10, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role: General Counsel/Corp Secy
Signature: Kerry Acocella, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol: DDOG
Transactions as of: Jun 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/14/2022, 04:42 PM
Previous filing: Jun 10, 2022
Next filing: Aug 3, 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	+6.13K	+13.66%	$0.00	51K	Jun 10, 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
transaction	DDOG	Stock Option (Right to Buy)	Options Exercise	$0	-6.13K	-65.47%	$0.00	3.23K	Jun 10, 2022	Class B Common Stock	6.13K	$4.20	Direct	F2
transaction	DDOG	Class B Common Stock	Options Exercise	$0	+6.13K		$0.00	6.13K	Jun 10, 2022	Class A Common Stock	6.13K		Direct	F1
transaction	DDOG	Class B Common Stock	Conversion of derivative security	$0	-6.13K	-100%	$0.00^*	0	Jun 10, 2022	Class A Common Stock	6.13K		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	25% of the shares underlying the option vested on January 7, 2020, with the remainder vesting in equal monthly installments thereafter over three years.

Content

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.

25% of the shares underlying the option vested on January 7, 2020, with the remainder vesting in equal monthly installments thereafter over three years.