Sean Michael Walters - 11 Dec 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
Sean Michael Walters, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
11 Dec 2023
Net transactions value
-$1,522,485
Form type
4
Filing time
13 Dec 2023, 16:21:01 UTC
Previous filing
06 Dec 2023
Next filing
19 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Sale $1,279,850 -11,154 -6.6% $114.74 158,545 11 Dec 2023 Direct F1, F2
transaction DDOG Common A Common Stock Sale $242,634 -2,100 -1.3% $115.54 156,445 11 Dec 2023 Direct F1, F3
holding DDOG Common A Common Stock 8 11 Dec 2023 By son
* 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 Shares sold pursuant to a 10b5-1 trading plan adopted on March 15, 2023.
F2 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $114.32 to $115.29. 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 $115.32 to $115.80. 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.