David M. Obstler - Sep 9, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Financial Officer
Signature
David Obstler, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Sep 9, 2022
Transactions value $
-$246,750
Form type
4
Date filed
9/13/2022, 04:36 PM
Previous filing
Sep 7, 2022
Next filing
Dec 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 $3.88K +2.5K +1.25% $1.55* 203K Sep 9, 2022 Direct F1
transaction DDOG Class A Common Stock Sale -$251K -2.5K -1.23% $100.25 200K Sep 9, 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 -2.5K -0.45% $0.00 558K Sep 9, 2022 Class B Common Stock 2.5K $1.55 Direct F3
transaction DDOG Class B Common Stock Options Exercise $0 +2.5K +16.02% $0.00 18.1K Sep 9, 2022 Class A Common Stock 2.5K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -2.5K -13.81% $0.00 15.6K Sep 9, 2022 Class A Common Stock 2.5K Direct F1
holding DDOG Class B Common Stock 192K Sep 9, 2022 Class A Common Stock 192K 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.