Armelle De Madre - Jul 14, 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
Stock symbol
DDOG
Transactions as of
Jul 14, 2023
Transactions value $
-$2,554,542
Form type
4
Date filed
7/18/2023, 05:38 PM
Previous filing
Jul 11, 2023
Next filing
Sep 7, 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 $164K +20.6K +20.52% $7.96* 121K Jul 14, 2023 Direct F1
transaction DDOG Class A Common Stock Sale -$2.72M -24.7K -20.38% $110.12 96.5K Jul 14, 2023 Direct F2, F3

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 -20.6K -100% $0.00* 0 Jul 14, 2023 Class B Common Stock 20.6K $7.96 Direct F4
transaction DDOG Class B Common Stock Options Exercise $0 +20.6K $0.00 20.6K Jul 14, 2023 Class A Common Stock 20.6K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -20.6K -100% $0.00* 0 Jul 14, 2023 Class A Common Stock 20.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 September 9, 2022.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $110.00 to $110.61. 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 Fully vested and exercisable.