Alexis Le-Quoc - Sep 13, 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role: Chief Technology Officer, Director
Signature: Alexis Le-Quoc, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol: DDOG
Transactions as of: Sep 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/15/2023, 04:12 PM
Previous filing: Sep 7, 2023
Next filing: Oct 5, 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	$0	+19.6K		$0.00	19.6K	Sep 13, 2023	By Trust	F1, F2
transaction	DDOG	Class A Common Stock	Gift	$0	-19.6K	-100%	$0.00^*	0	Sep 13, 2023	By Trust	F2
holding	DDOG	Class A Common Stock						261K	Sep 13, 2023	Direct

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	Class B Common Stock	Conversion of derivative security	$0	-19.6K	-0.26%	$0.00	7.65M	Sep 13, 2023	Class A Common Stock	19.6K		By Trust	F1, F2
holding	DDOG	Class B Common Stock						592K	Sep 13, 2023	Class A Common Stock	592K		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 into an equal number of shares of Class A Common Stock at any time, at the holder's election, 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 nine-month anniversary of 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 are held by the Alexis Le-Quoc Revocable Trust.

Content

Each share of Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, 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 nine-month anniversary of 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.

Shares are held by the Alexis Le-Quoc Revocable Trust.