Harold Matthew Norman - Nov 18, 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
Nov 18, 2021
Transactions value $
-$594,256
Form type
4
Date filed
11/19/2021, 03:06 PM
Previous filing
Oct 19, 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 $32.7K +4.79K +3.41% $6.82* 145K Nov 18, 2021 Direct
transaction DOCN Common Stock Sale -$627K -4.79K -3.3% $130.83 140K Nov 18, 2021 Direct F1

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 -4.79K -2.94% $0.00 158K Nov 18, 2021 Common Stock 4.79K $6.82 Direct F2
* 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 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.