Adrienne Elizabeth Calderone - 06 May 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role: SVP, Chief Accounting Officer
Signature: /s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol: DOCN
Transactions as of: 06 May 2022
Net transactions value: +$90,562
Form type: 4
Filing time: 09 May 2022, 16:38:48 UTC
Previous filing: 30 Mar 2022
Next filing: 02 Jun 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	$74,219	+15,625	+11%	$4.75	153,251	06 May 2022	Direct
transaction	DOCN	Common Stock	Options Exercise	$16,344	+3,125	+2%	$5.23	156,376	06 May 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	-15,625	-45%	$0.000000	18,750	06 May 2022	Common Stock	15,625	$4.75	Direct	F1
transaction	DOCN	Stock Option (Right to buy)	Options Exercise	$0	-3,125	-23%	$0.000000	10,417	06 May 2022	Common Stock	3,125	$5.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	25% of the total number of shares underlying the option vested on November 6, 2019 and the remaining shares underlying the option vest in 36 equal monthly installments beginning on December 6, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.
F2	The shares underlying the option vest in 48 equal monthly installments beginning on April 1, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.