Alexis Le-Quoc - 15 May 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
15 May 2024
Net transactions value
-$14,895,960
Form type
4
Filing time
17 May 2024, 17:24:15 UTC
Previous filing
11 Apr 2024
Next filing
05 Jun 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 Other $0 +35 $0.000000 35 13 May 2024 By Trust F1, F2
transaction DDOG Class A Common Stock Conversion of derivative security $26,265 +85,637 +29% $0.3067* 376,049 15 May 2024 Direct F3
transaction DDOG Class A Common Stock Conversion of derivative security $27,985 +30,780 +8.2% $0.9092* 406,829 15 May 2024 Direct F3
transaction DDOG Class A Common Stock Conversion of derivative security $114,789 +10,688 +2.6% $10.74* 417,517 15 May 2024 Direct F3
transaction DDOG Class A Common Stock Sale $7,928,385 -66,991 -16% $118.35 350,526 15 May 2024 Direct F4, F5
transaction DDOG Class A Common Stock Sale $7,136,614 -60,114 -17% $118.72 290,412 15 May 2024 Direct F4, 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 -7.1% $0.000000 1,953,120 15 May 2024 Class B Common Stock 150,240 $0.3067 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +150,240 +12% $0.000000 1,371,582 15 May 2024 Class A Common Stock 150,240 Direct F3
transaction DDOG Class B Common Stock Conversion of derivative security $0 -85,637 -6.2% $0.000000 1,285,945 15 May 2024 Class A Common Stock 85,637 Direct F3
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -54,000 -5.6% $0.000000 918,000 15 May 2024 Class B Common Stock 54,000 $0.9092 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +54,000 +4.2% $0.000000 1,339,945 15 May 2024 Class A Common Stock 54,000 Direct F3
transaction DDOG Class B Common Stock Conversion of derivative security $0 -30,780 -2.3% $0.000000 1,309,165 15 May 2024 Class A Common Stock 30,780 Direct F3
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -18,750 -2.4% $0.000000 768,750 15 May 2024 Class B Common Stock 18,750 $10.74 Direct F7
transaction DDOG Class B Common Stock Options Exercise $0 +18,750 +1.4% $0.000000 1,327,915 15 May 2024 Class A Common Stock 18,750 Direct F3
transaction DDOG Class B Common Stock Conversion of derivative security $0 -10,688 -0.8% $0.000000 1,317,227 15 May 2024 Class A Common Stock 10,688 Direct F3
holding DDOG Class B Common Stock 7,379,835 15 May 2024 Class A Common Stock 7,379,835 By Trust F2, 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 Acquired in pro rata distribution from a fund in which the Reporting Person is a limited partner.
F2 Shares are held by the Alexis Le-Quoc Revocable Trust.
F3 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.
F4 Shares sold pursuant to a 10b5-1 trading plan adopted on September 5, 2023.
F5 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $117.58 to $118.57. 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 $118.58 to $118.92 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.