Timothy Weller - May 27, 2021 Form 4 Insider Report for DATTO HOLDING CORP. (MSP)

Role
Chief Executive Officer, Director
Signature
/s/ Adam Collicelli, by Power of Attorney
Stock symbol
MSP
Transactions as of
May 27, 2021
Transactions value $
-$1,663,123
Form type
4
Date filed
6/1/2021, 06:46 PM
Next filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSP Common Stock Options Exercise $456K +45.6K $10.00 45.6K May 27, 2021 Direct F1
transaction MSP Common Stock Sale -$1.21M -45.6K -100% $26.63 0 May 27, 2021 Direct F1, F2
transaction MSP Common Stock Options Exercise $312K +31.2K $10.00 31.2K May 28, 2021 Direct F1
transaction MSP Common Stock Sale -$838K -31.2K -100% $26.88 0 May 28, 2021 Direct F1, F3
transaction MSP Common Stock Options Exercise $232K +23.2K $10.00 23.2K Jun 1, 2021 Direct F1
transaction MSP Common Stock Sale -$611K -23.2K -100% $26.30 0 Jun 1, 2021 Direct F1, F4

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 MSP Options (Right to Buy) Options Exercise $0 -45.6K -3.09% $0.00 1.43M May 27, 2021 Common Stock 45.6K $10.00 Direct F5
transaction MSP Options (Right to Buy) Options Exercise $0 -31.2K -2.18% $0.00 1.4M May 28, 2021 Common Stock 31.2K $10.00 Direct F5
transaction MSP Options (Right to Buy) Options Exercise $0 -23.2K -1.66% $0.00 1.38M Jun 1, 2021 Common Stock 23.2K $10.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 16, 2020.
F2 This transaction was executed in multiple trades at prices ranging from $26.28 to $26.91 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 This transaction was executed in multiple trades at prices ranging from $26.70 to $27.00 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This transaction was executed in multiple trades at prices ranging from $26.08 to $26.77 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 These options vested 25% on December 7, 2018 and then quarterly at a rate of 6.25% as long as the Reporting Person continues to be employed as of each respective vesting date.