Alexis Le-Quoc - 10 Jan 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
CHIEF TECHNOLOGY OFFICER, Director
Signature
/s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
10 Jan 2024
Net transactions value
-$15,093,421
Form type
4
Filing time
12 Jan 2024, 16:24:02 UTC
Previous filing
20 Dec 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

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 $26,265 +85,637 +35% $0.3067* 332,965 10 Jan 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $27,985 +30,780 +9.2% $0.9092* 363,745 10 Jan 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $114,789 +10,688 +2.9% $10.74* 374,433 10 Jan 2024 Direct F1
transaction DDOG Class A Common Stock Sale $906,088 -7,610 -2% $119.07 366,823 10 Jan 2024 Direct F2, F3
transaction DDOG Class A Common Stock Sale $13,187,804 -109,830 -30% $120.07 256,993 10 Jan 2024 Direct F2, F4
transaction DDOG Class A Common Stock Sale $961,771 -7,965 -3.1% $120.75 249,028 10 Jan 2024 Direct F2, F5
transaction DDOG Class A Common Stock Sale $206,796 -1,700 -0.68% $121.64 247,328 10 Jan 2024 Direct F2, 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 -150,240 -5.6% $0.000000 2,554,080 10 Jan 2024 Class B Common Stock 150,240 $0.3067 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +150,240 +18% $0.000000 988,042 10 Jan 2024 Class A Common Stock 150,240 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -85,637 -8.7% $0.000000 902,405 10 Jan 2024 Class A Common Stock 85,637 Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -54,000 -4.5% $0.000000 1,134,000 10 Jan 2024 Class B Common Stock 54,000 $0.9092 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +54,000 +6% $0.000000 956,405 10 Jan 2024 Class A Common Stock 54,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -30,780 -3.2% $0.000000 925,625 10 Jan 2024 Class A Common Stock 30,780 Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -18,750 -2.2% $0.000000 843,750 10 Jan 2024 Class B Common Stock 18,750 $10.74 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +18,750 +2% $0.000000 944,375 10 Jan 2024 Class A Common Stock 18,750 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -10,688 -1.1% $0.000000 933,687 10 Jan 2024 Class A Common Stock 10,688 Direct F1
holding DDOG Class B Common Stock 7,379,835 10 Jan 2024 Class A Common Stock 7,379,835 By Trust F1, F8
* 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 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 sold pursuant to a 10b5-1 trading plan adopted on September 5, 2023.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $118.49 to $119.46. 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 $119.49 to $120.48. 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 $120.49 to $121.42. 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 $121.52 to $121.90. 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.
F7 Option is fully vested and exercisable.
F8 Shares are held by the Alexis Le-Quoc Revocable Trust.