David M. Obstler - 29 Jul 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
29 Jul 2022
Net transactions value
-$2,049,000
Form type
4
Filing time
02 Aug 2022, 16:37:57 UTC
Previous filing
13 Jul 2022
Next filing
05 Aug 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 $7,750 +5,000 +2.4% $1.55* 214,810 29 Jul 2022 Direct F1
transaction DDOG Class A Common Stock Sale $501,250 -5,000 -2.3% $100.25 209,810 29 Jul 2022 Direct F2
transaction DDOG Class A Common Stock Conversion of derivative security $23,250 +15,000 +7.1% $1.55* 224,810 01 Aug 2022 Direct F1
transaction DDOG Class A Common Stock Sale $1,578,750 -15,000 -6.7% $105.25 209,810 01 Aug 2022 Direct F2

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 -5,000 -0.81% $0.000000 615,000 29 Jul 2022 Class B Common Stock 5,000 $1.55 Direct F3
transaction DDOG Class B Common Stock Options Exercise $0 +5,000 +32% $0.000000 20,603 29 Jul 2022 Class A Common Stock 5,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -5,000 -24% $0.000000 15,603 29 Jul 2022 Class A Common Stock 5,000 Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -15,000 -2.4% $0.000000 600,000 01 Aug 2022 Class B Common Stock 15,000 $1.55 Direct F3
transaction DDOG Class B Common Stock Options Exercise $0 +15,000 +96% $0.000000 30,603 01 Aug 2022 Class A Common Stock 15,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -15,000 -49% $0.000000 15,603 01 Aug 2022 Class A Common Stock 15,000 Direct F1
holding DDOG Class B Common Stock 192,397 29 Jul 2022 Class A Common Stock 192,397 By GRAT 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 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 sold pursuant to a 10b5-1 plan entered into on September 10, 2021.
F3 Option vests as to 25% on September 6, 2019 and in equal monthly installments thereafter over three years.
F4 Shares are held directly by the David Obstler 2019 GRAT, of which Reporting Person is Trustee.