David M. Obstler - Mar 11, 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Mar 11, 2024
Transactions value $
-$19,586,423
Form type
4
Date filed
3/13/2024, 06:37 PM
Previous filing
Mar 6, 2024
Next filing
Mar 25, 2024

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 $109K +70K +25.44% $1.55* 345K Mar 11, 2024 Direct F1
transaction DDOG Class A Common Stock Sale -$890K -7.47K -2.16% $119.12 338K Mar 11, 2024 Direct F2, F3
transaction DDOG Class A Common Stock Sale -$3.83M -31.8K -9.43% $120.34 306K Mar 11, 2024 Direct F2, F4
transaction DDOG Class A Common Stock Sale -$2.17M -17.9K -5.85% $121.28 288K Mar 11, 2024 Direct F2, F5
transaction DDOG Class A Common Stock Sale -$1.56M -12.8K -4.45% $121.87 275K Mar 11, 2024 Direct F2, F6
transaction DDOG Class A Common Stock Conversion of derivative security $0 +70K $0.00 70K Mar 11, 2024 By Trust F1, F7
transaction DDOG Class A Common Stock Sale -$850K -7.14K -10.2% $119.06 62.9K Mar 11, 2024 By Trust F2, F7, F8
transaction DDOG Class A Common Stock Sale -$3.52M -29.2K -46.49% $120.30 33.6K Mar 11, 2024 By Trust F2, F7, F9
transaction DDOG Class A Common Stock Sale -$2.18M -18K -53.43% $121.12 15.7K Mar 11, 2024 By Trust F2, F7, F10
transaction DDOG Class A Common Stock Sale -$1.91M -15.7K -100% $121.82 0 Mar 11, 2024 By Trust F2, F7, F11
transaction DDOG Class A Common Stock Conversion of derivative security $17.5K +11.3K +4.09% $1.55* 286K Mar 13, 2024 Direct F1
transaction DDOG Class A Common Stock Sale -$1.41M -11.3K -3.93% $125.28 275K Mar 13, 2024 Direct F2, F12
transaction DDOG Class A Common Stock Conversion of derivative security $0 +11.2K $0.00 11.2K Mar 13, 2024 By Trust F1, F7
transaction DDOG Class A Common Stock Sale -$1.4M -11.2K -100% $125.28 0 Mar 13, 2024 By Trust F2, F7, F13

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 -70K -22.76% $0.00 238K Mar 11, 2024 Class B Common Stock 70K $1.55 Direct F14
transaction DDOG Class B Common Stock Options Exercise $0 +70K +448.63% $0.00 85.6K Mar 11, 2024 Class A Common Stock 70K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -70K -81.77% $0.00 15.6K Mar 11, 2024 Class A Common Stock 70K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -70K -36.38% $0.00 122K Mar 11, 2024 Class A Common Stock 70K By Trust F1, F7
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -11.3K -4.74% $0.00 226K Mar 13, 2024 Class B Common Stock 11.6K $1.55 Direct F14
transaction DDOG Class B Common Stock Options Exercise $0 +11.3K +72.22% $0.00 26.9K Mar 13, 2024 Class A Common Stock 11.3K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -11.3K -41.93% $0.00 15.6K Mar 13, 2024 Class A Common Stock 11.3K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -11.2K -9.12% $0.00 111K Mar 13, 2024 Class A Common Stock 11.2K By Trust F1, F7
* 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 at any time at the option of the Reporting Person into one share of Class A Common Stock 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 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 plan entered into on December 10, 2023.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $118.61 to $119.60. 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 $119.61 to $120.60. 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 $120.61 to $121.60. 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 $121.61 to $122.33. 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 Shares are held directly by the Obstler Children 2019 Trust, of which the Reporting Person's spouse is Trustee.
F8 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $118.54 to $119.53. 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.
F9 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $119.54 to $120.53. 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.
F10 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $120.54 to $121.53. 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.
F11 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $121.54 to $122.30. 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.
F12 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.25 to $125.38. 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.
F13 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.25 to $125.40. 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.
F14 Option is fully vested and exercisable.