Adam Blitzer - 05 Sep 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
Adam Blitzer, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
05 Sep 2023
Net transactions value
-$1,473,698
Form type
4
Filing time
07 Sep 2023, 19:16:36 UTC
Previous filing
16 Aug 2023
Next filing
06 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Sale $811,195 -8,428 -4.1% $96.25 196,360 05 Sep 2023 Direct F1, F2
transaction DDOG Common A Common Stock Sale $1,850 -19 -0.01% $97.38 196,341 05 Sep 2023 Direct F1
transaction DDOG Common A Common Stock Sale $97.42 -1 -0% $97.42 196,340 05 Sep 2023 Direct F1
transaction DDOG Common A Common Stock Sale $195 -2 -0% $97.44 196,338 05 Sep 2023 Direct F1
transaction DDOG Common A Common Stock Sale $222,097 -2,304 -1.2% $96.40 194,034 06 Sep 2023 Direct F3, F4
transaction DDOG Common A Common Stock Sale $389,294 -4,010 -2.1% $97.08 190,024 06 Sep 2023 Direct F3, F5
transaction DDOG Common A Common Stock Sale $48,970 -500 -0.26% $97.94 189,524 06 Sep 2023 Direct F3, F6
* 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 The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
F2 Includes 344 shares acquired on May 15, 2023 under the Issuer's Employee Stock Purchase Plan.
F3 Shares sold pursuant to a 10b5-1 plan adopted on May 12, 2023.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $95.73 to $96.71. 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 $96.73 to $97.68. 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 $97.76 to $98.08. 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.