Adam Blitzer - Mar 4, 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
/s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Mar 4, 2024
Transactions value $
-$3,602,231
Form type
4
Date filed
3/6/2024, 05:14 PM
Previous filing
Feb 29, 2024
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Sale -$2.69M -20.9K -9.31% $128.58 204K Mar 4, 2024 Direct F1
transaction DDOG Class A Common Stock Sale -$392 -3 0% $130.54 204K Mar 4, 2024 Direct F1, F2
transaction DDOG Class A Common Stock Sale -$458K -3.74K -1.84% $122.75 200K Mar 5, 2024 Direct F3, F4
transaction DDOG Class A Common Stock Sale -$307K -2.49K -1.24% $123.58 197K Mar 5, 2024 Direct F3, F5
transaction DDOG Class A Common Stock Sale -$99.7K -800 -0.41% $124.63 196K Mar 5, 2024 Direct F3, F6
transaction DDOG Class A Common Stock Sale -$37.8K -300 -0.15% $126.16 196K Mar 5, 2024 Direct F3, F7
transaction DDOG Class A Common Stock Sale -$12.7K -100 -0.05% $127.24 196K Mar 5, 2024 Direct F3
* 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 and performance-based restricted stock units, as well as any related brokerage commission fees.
F2 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $130.5201 to $130.555. 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 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 $122.23 to $123.22. 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 $123.25 to $124.13. 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 $124.35 to $125.00. 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 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.79 to $126.41. 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.