Jeffrey Scott Guy - Nov 5, 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Chief Operating Officer
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Nov 5, 2021
Transactions value $
-$7,209,900
Form type
4
Date filed
11/8/2021, 05:13 PM
Previous filing
Oct 8, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $29.6K +4.41K +9.93% $6.72* 48.8K Nov 5, 2021 Direct
transaction DOCN Common Stock Sale -$473K -4.41K -9.03% $107.27 44.4K Nov 5, 2021 Direct F1, F2
transaction DOCN Common Stock Options Exercise $454K +67.6K +152.12% $6.72* 112K Nov 8, 2021 Direct
transaction DOCN Common Stock Sale -$7.32M -67.6K -60.34% $108.31 44.4K Nov 8, 2021 Direct F1, F3
transaction DOCN Common Stock Options Exercise $100K +14.9K +33.49% $6.72* 59.3K Nov 8, 2021 Direct

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 -4.41K -0.94% $0.00 464K Nov 5, 2021 Common Stock 4.41K $6.72 Direct F4
transaction DOCN Stock Option (Right to Buy) Options Exercise $0 -67.6K -14.58% $0.00 396K Nov 8, 2021 Common Stock 67.6K $6.72 Direct F4
transaction DOCN Stock Option (Right to Buy) Options Exercise $0 -14.9K -3.76% $0.00 381K Nov 8, 2021 Common Stock 14.9K $6.72 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were 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 $107.00-$108.01, 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 The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $107.00-$109.50, 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 (3) to this Form 4.
F4 One fourth of the shares underlying this option vested and became exercisable on February 18, 2021, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on March 18, 2021, subject to the Reporting Person's continuous service with the Issuer on each such date.