Amit Agarwal - 08 May 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
President
Signature
Amit Agarwal, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
08 May 2023
Net transactions value
-$10,176,192
Form type
4
Filing time
10 May 2023, 17:45:00 UTC
Previous filing
27 Apr 2023
Next filing
06 Jun 2023

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 $1,631,406 +151,900 +54% $10.74* 432,044 08 May 2023 Direct F1
transaction DDOG Common A Common Stock Sale $2,085,557 -27,070 -6.3% $77.04 404,974 08 May 2023 Direct F2
transaction DDOG Common A Common Stock Sale $7,566,102 -97,394 -24% $77.69 307,580 08 May 2023 Direct F3
transaction DDOG Common A Common Stock Sale $2,155,940 -27,436 -8.9% $78.58 280,144 08 May 2023 Direct F4
holding DDOG Common A Common Stock 1,640 08 May 2023 By Trust F5
holding DDOG Common A Common Stock 6,541 08 May 2023 By Trust 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 Stock Option (Right to Buy) Options Exercise $0 -245,000 -27% $0.000000 655,000 08 May 2023 Class B Common Stock 245,000 $10.74 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +245,000 +3500000% $0.000000 245,007 08 May 2023 Class A Common Stock 245,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -151,900 -62% $0.000000 93,107 08 May 2023 Class A Common Stock 151,900 Direct F1
holding DDOG Class B Common Stock 603,459 08 May 2023 Class A Common Stock By Trust F1, F6
holding DDOG Class B Common Stock 1,056,725 08 May 2023 Class A Common Stock By Trust F1, F5
holding DDOG Class B Common Stock 95,666 08 May 2023 Class A Common Stock By Spouse F1, F8
* 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 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $76.34 to $77.33. 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.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $77.34 to $78.33. 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 $78.34 to $78.855. 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 Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
F6 Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
F7 15% of Reporting Person's options vested on September 19, 2020 (the "Initial Vesting Date"). Thereafter, the remaining 85% of Reporting Person's options vest monthly in equal installments on the same day in each month as the Initial Vesting Date for 35 months, subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2012 Equity Incentive Plan) of the Issuer as of each such date.
F8 Shares are held by Reporting Person's spouse.