Olivier Pomel - 08 Mar 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
Olivier Pomel, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
08 Mar 2023
Transactions value $
-$6,207,632
Form type
4
Date filed
10 Mar 2023, 16:06
Previous filing
06 Mar 2023
Next filing
12 Apr 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 $26.3K +85.6K +31.94% $0.31* 354K 08 Mar 2023 Direct F1
transaction DDOG Class A Common Stock Sale -$2.21M -30.9K -8.73% $71.70 323K 08 Mar 2023 Direct F2, F3
transaction DDOG Class A Common Stock Sale -$1.24M -17.1K -5.29% $72.35 306K 08 Mar 2023 Direct F2, F4
transaction DDOG Class A Common Stock Sale -$2.03M -27.5K -9.01% $73.74 278K 08 Mar 2023 Direct F2, F5
transaction DDOG Class A Common Stock Sale -$752K -10.1K -3.64% $74.30 268K 08 Mar 2023 Direct F2, F6

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 -150K -3.57% $0.00 4.06M 08 Mar 2023 Class B Common Stock 150K $0.31 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +150K +1.81% $0.00 8.44M 08 Mar 2023 Class A Common Stock 150K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -85.6K -1.01% $0.00 8.35M 08 Mar 2023 Class A Common Stock 85.6K 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 entered into on March 14, 2022.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $71.05 to $72.04. 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 $72.05 to $73.03. 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 $73.07 to $74.06. 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 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $74.07 to $75.05. 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.
F7 Option is fully vested and exercisable.