Yancey L. Spruill - Jan 13, 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Chief Executive Officer, Director
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Jan 13, 2022
Transactions value $
$299,995
Form type
4
Date filed
1/14/2022, 03:39 PM
Previous filing
Jul 28, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $300K +53.5K +1.7% $5.61* 3.19M Jan 13, 2022 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 -53.5K -1.53% $0.00 3.45M Jan 13, 2022 Common Stock 53.5K $5.61 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B).
F2 One fourth of the shares underlying this option vested and became exercisable on August 13, 2020, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on September 13, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date.