Harold Matthew Norman - Oct 13, 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Chief People Officer
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Oct 13, 2021
Transactions value $
-$1,579,470
Form type
4
Date filed
10/15/2021, 04:26 PM
Previous filing
Sep 8, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $131K +19.2K +13.65% $6.82* 160K Oct 13, 2021 Direct
transaction DOCN Common Stock Sale -$1.71M -19.2K -12.01% $89.23 140K Oct 13, 2021 Direct F1, F2

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 DOCN Stock Option (Right to Buy) Options Exercise $0 -19.2K -10.24% $0.00 168K Oct 13, 2021 Common Stock 19.2K $6.82 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $89.00-$90.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 One fourth of the shares underlying this option vested and became exercisable on May 18, 2021, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on June 18, 2021, subject to the Reporting Person's continuous service with the Issuer on each such date.