William G. Sorenson - 15 Mar 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
15 Mar 2022
Net transactions value
+$364,650
Form type
4
Filing time
17 Mar 2022, 16:25:37 UTC
Previous filing
03 Mar 2022
Next filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $364,650 +65,000 +43% $5.61* 216,740 15 Mar 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 -65,000 -6.1% $0.000000 1,005,000 15 Mar 2022 Common Stock 65,000 $5.61 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest in 48 equal monthly installments beginning on September 13, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.