Christopher Edward Mccloskey - Apr 8, 2022 Form 4 Insider Report for DATTO HOLDING CORP. (MSP)

Role
Chief Customer Officer
Signature
/s/ Adam Collicelli, by Power of Attorney
Stock symbol
MSP
Transactions as of
Apr 8, 2022
Transactions value $
-$1,689,680
Form type
4
Date filed
4/12/2022, 04:57 PM
Previous filing
Apr 8, 2022
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSP Common Stock Options Exercise $242K +24.2K $10.00 24.2K Apr 8, 2022 Direct F1
transaction MSP Common Stock Sale -$702K -24.2K -100% $29.06 0 Apr 8, 2022 Direct F1, F2
transaction MSP Common Stock Options Exercise $500K +50K $10.00 50K Apr 11, 2022 Direct F1
transaction MSP Common Stock Sale -$1.73M -50K -100% $34.58 0 Apr 11, 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 MSP Options (Right to Buy) Options Exercise $0 -24.2K -3.73% $0.00 625K Apr 8, 2022 Common Stock 24.2K $10.00 Direct F3
transaction MSP Options (Right to Buy) Options Exercise $0 -50K -8% $0.00 575K Apr 11, 2022 Common Stock 50K $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on September 16, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $29.00 to $29.12 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Consists of options, of which 25% vested on November 1, 2019 and an additional 6.25% vest quarterly thereafter as long as the Reporting Person continues to be employed as of each respective vesting date.