Amit Agarwal - Nov 15, 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
President
Signature
/s/ Kerry Acocella, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Nov 15, 2024
Transactions value $
-$18,904,537
Form type
4
Date filed
11/19/2024, 06:19 PM
Previous filing
Sep 5, 2024
Next filing
Nov 26, 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 $0 +93.1K +34.33% $0.00 364K Nov 15, 2024 Direct F1
transaction DDOG Class A Common Stock Sale -$9.2M -73.3K -20.13% $125.49 291K Nov 15, 2024 Direct F2, F3
transaction DDOG Class A Common Stock Sale -$7.86M -62.2K -21.38% $126.30 229K Nov 15, 2024 Direct F2, F4
transaction DDOG Class A Common Stock Sale -$1.41M -11K -4.82% $127.35 218K Nov 15, 2024 Direct F2, F5
transaction DDOG Class A Common Stock Sale -$374K -2.92K -1.34% $128.29 215K Nov 15, 2024 Direct F2, F6
transaction DDOG Class A Common Stock Sale -$64.7K -500 -0.23% $129.33 214K Nov 15, 2024 Direct F2, F7
holding DDOG Class A Common Stock 1.64K Nov 15, 2024 By Trust F8
holding DDOG Class A Common Stock 6.54K Nov 15, 2024 By Trust F9

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 Class B Common Stock Conversion of derivative security $0 -93.1K -16.06% $0.00 487K Nov 15, 2024 Class A Common Stock 93.1K Direct F1
holding DDOG Class B Common Stock 1.06M Nov 15, 2024 Class A Common Stock 1.06M By Trust F1, F8
holding DDOG Class B Common Stock 603K Nov 15, 2024 Class A Common Stock 603K By Trust F1, F9
holding DDOG Class B Common Stock 59.7K Nov 15, 2024 Class A Common Stock 59.7K By Spouse 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 August 16, 2024.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.91 to $125.90. 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 $125.91 to $126.90. 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 $126.91 to $127.89. 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 $127.95 to $128.61. 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 $129.29 to $129.34. 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 Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
F9 Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
F10 Shares are held by Reporting Person's spouse.