Armelle de Madre - 15 Feb 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief People Officer
Signature
Armelle De Madre, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
15 Feb 2023
Net transactions value
-$802,165
Form type
4
Filing time
17 Feb 2023, 15:35:28 UTC
Previous filing
06 Dec 2022
Next filing
22 Feb 2023
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 $59,675 +7,500 +12% $7.96* 69,931 15 Feb 2023 Direct F1
transaction DDOG Class A Common Stock Sale $861,840 -9,576 -14% $90.00 60,355 15 Feb 2023 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 StockOption(Right toBuy) Options Exercise $0 -7,500 -13% $0.000000 48,750 15 Feb 2023 Class B Common Stock 7,500 $7.96 Direct F3
transaction DDOG Class B Common Stock Options Exercise $0 +7,500 $0.000000 7,500 15 Feb 2023 Class A Common Stock 7,500 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -7,500 -100% $0.000000* 0 15 Feb 2023 Class A Common Stock 7,500 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 sold pursuant to a 10b5-1 plan adopted on June 9, 2022.
F3 Option vested as to 25% on June 20, 2020 and in equal monthly installments thereafter over three years.