Alexis Le-Quoc - Sep 3, 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Technology Officer, Director
Signature
/s/ Kerry Acocella, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Sep 3, 2024
Transactions value $
-$15,442,874
Form type
4
Date filed
9/5/2024, 04:05 PM
Previous filing
Aug 14, 2024
Next filing
Oct 16, 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 $26.3K +85.6K +24.63% $0.31 433K Sep 3, 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $28K +30.8K +7.1% $0.91 464K Sep 3, 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $115K +10.7K +2.3% $10.74 475K Sep 3, 2024 Direct F1
transaction DDOG Class A Common Stock Sale -$6.99M -62.7K -13.2% $111.58 412K Sep 3, 2024 Direct F2, F3
transaction DDOG Class A Common Stock Sale -$3.3M -29.2K -7.1% $112.77 383K Sep 3, 2024 Direct F2, F4
transaction DDOG Class A Common Stock Sale -$2.07M -18.2K -4.76% $113.62 365K Sep 3, 2024 Direct F2, F5
transaction DDOG Class A Common Stock Sale -$1.86M -16.2K -4.45% $114.50 348K Sep 3, 2024 Direct F2, F6
transaction DDOG Class A Common Stock Sale -$82.9K -719 -0.21% $115.32 348K Sep 3, 2024 Direct F2, F7
transaction DDOG Class A Common Stock Sale -$1.29M -11.4K -3.28% $113.52 336K Sep 3, 2024 Direct F8
transaction DDOG Class A Common Stock Sale -$14.8K -132 -0.04% $111.83 336K Sep 3, 2024 Direct F8, F9
holding DDOG Class A Common Stock 35 Sep 3, 2024 By Trust F10

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 -150K -10% $0.00 1.35M Sep 3, 2024 Class B Common Stock 150K $0.31 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +150K +9.36% $0.00 1.76M Sep 3, 2024 Class A Common Stock 150K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -85.6K -4.88% $0.00 1.67M Sep 3, 2024 Class A Common Stock 85.6K Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -54K -7.14% $0.00 702K Sep 3, 2024 Class B Common Stock 54K $0.91 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +54K +3.23% $0.00 1.72M Sep 3, 2024 Class A Common Stock 54K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -30.8K -1.79% $0.00 1.69M Sep 3, 2024 Class A Common Stock 30.8K Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -18.8K -2.63% $0.00 694K Sep 3, 2024 Class B Common Stock 18.8K $10.74 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +18.8K +1.11% $0.00 1.71M Sep 3, 2024 Class A Common Stock 18.8K Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -10.7K -0.62% $0.00 1.7M Sep 3, 2024 Class A Common Stock 10.7K Direct F1
holding DDOG Class B Common Stock 7.03M Sep 3, 2024 Class A Common Stock 7.03M By Trust F1, F10
* 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 dated September 5, 2023.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $111.11 to $112.08. 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 $112.11 to $113.10. 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 $113.11 to $114.10. 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 $114.13 to $115.08. 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 $115.15 to $115.40. 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.
F8 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.
F9 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $111.754 to $111.93. 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 Shares are held by the Alexis Le-Quoc Revocable Trust.
F11 Option is fully vested and exercisable.