Shardul Shah - Oct 15, 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Director
Signature
/s/ Kerry Acocella, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Oct 15, 2024
Transactions value $
-$1,002,746
Form type
4
Date filed
10/17/2024, 04:16 PM
Previous filing
Oct 8, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Sale -$773K -6.11K -1.33% $126.53 453K Oct 15, 2024 By Trust F1, F2, F3
transaction DDOG Class A Common Stock Sale -$229K -1.8K -0.4% $127.14 452K Oct 15, 2024 By Trust F1, F3, F4
* 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 Shares sold pursuant to a 10b5-1 plan dated June 14, 2024.
F2 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.85 to $126.84. 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 The shares are held by the 2019 Shah Family Trust, of which Reporting Person is Trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $126.85 to $127.84. 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.