Alexis Le-Quoc - 06 Feb 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
Alexis Le-Quoc, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
06 Feb 2023
Net transactions value
-$5,538,099
Form type
4
Filing time
08 Feb 2023, 15:45:56 UTC
Previous filing
06 Jan 2023
Next filing
22 Feb 2023

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 $21,887 +71,364 +40% $0.3067* 250,734 06 Feb 2023 Direct F1
transaction DDOG Class A Common Stock Sale $2,083,218 -27,022 -11% $77.09 223,712 06 Feb 2023 Direct F2, F3
transaction DDOG Class A Common Stock Sale $2,682,265 -34,293 -15% $78.22 189,419 06 Feb 2023 Direct F2, F4
transaction DDOG Class A Common Stock Sale $794,504 -10,049 -5.3% $79.06 179,370 06 Feb 2023 Direct F2, 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 Stock Option (Right to Buy) Options Exercise $0 -125,200 -3% $0.000000 4,006,400 06 Feb 2023 Class B Common Stock 125,200 $0.3067 Direct F6
transaction DDOG Class B Common Stock Options Exercise $0 +125,200 +78% $0.000000 286,708 06 Feb 2023 Class A Common Stock 125,200 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -71,364 -25% $0.000000 215,344 06 Feb 2023 Class A Common Stock 71,364 Direct F1
holding DDOG Class B Common Stock 7,666,266 06 Feb 2023 Class A Common Stock 7,666,266 By Trust F1, F7
* 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 sold pursuant to a 10b5-1 trading plan adopted on September 15, 2022.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $76.70 to $77.69. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $77.70 to $78.69. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $78.70 to $79.58. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6 Option is fully vested and exercisable.
F7 Shares are held by the Alexis Le-Quoc Revocable Trust.