Alan Shapiro - 03 Jan 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
General Counsel
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
03 Jan 2022
Net transactions value
-$212,484
Form type
4
Filing time
05 Jan 2022, 15:40:57 UTC
Previous filing
03 Dec 2021
Next filing
28 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $11,662 +3,400 +2.4% $3.43 142,904 03 Jan 2022 Direct
transaction DOCN Common Stock Sale $273,394 -3,400 -2.4% $80.41 139,504 03 Jan 2022 Direct F1, F2
transaction DOCN Common Stock Options Exercise $49,248 +14,358 +10% $3.43 153,862 05 Jan 2022 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 -3,400 -4% $0.000000 81,600 03 Jan 2022 Common Stock 3,400 $3.43 Direct F3
transaction DOCN Stock Option (Right to Buy) Options Exercise $0 -14,358 -18% $0.000000 67,242 05 Jan 2022 Common Stock 14,358 $3.43 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 $80.00-$81.27, 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 March 1, 2019, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on April 1, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.