Amit Agarwal - Sep 1, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Product Officer
Signature
Amit Agarwal, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Sep 1, 2022
Transactions value $
-$1,061,806
Form type
4
Date filed
9/6/2022, 06:49 PM
Previous filing
Aug 9, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Conversion of derivative security $0 +1.64K +33.46% $0.00 6.54K Sep 1, 2022 By GRAT F1, F2
transaction DDOG Common A Common Stock Sale -$812K -8.27K -4.47% $98.18 177K Sep 2, 2022 Direct F3
transaction DDOG Common A Common Stock Conversion of derivative security $0 +2.5K $0.00 2.5K Sep 2, 2022 By Spouse F1, F4
transaction DDOG Common A Common Stock Sale -$250K -2.5K -100% $100.10 0 Sep 2, 2022 By Spouse F4, F5

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 -1.64K -0.27% $0.00 603K Sep 1, 2022 Class A Common Stock 1.64K By GRAT F1, F2
transaction DDOG Class B Common Stock Conversion of derivative security $0 -2.5K -2.55% $0.00 95.7K Sep 2, 2022 Class A Common Stock 2.5K By Spouse F1, F4
holding DDOG Class B Common Stock 1.06M Sep 1, 2022 Class A Common Stock By Trust F1, F6
holding DDOG Class B Common Stock 7 Sep 1, 2022 Class A Common Stock 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 Amit Agarwal 2019 GRAT, of which the Reporting Person is Trustee.
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 Reporting Person's spouse.
F5 Shares sold pursuant to a 10b5-1 plan entered into on September 9, 2021.
F6 Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.