Adrienne Elizabeth Calderone - Jan 9, 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
SVP, Chief Accounting Officer
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Jan 9, 2023
Transactions value $
$69,360
Form type
4
Date filed
1/11/2023, 03:43 PM
Previous filing
Dec 2, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $25.8K +5.43K +3.39% $4.75 165K Jan 9, 2023 Direct
transaction DOCN Common Stock Options Exercise $43.6K +8.33K +5.04% $5.23 174K Jan 9, 2023 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 -5.43K -28.94% $0.00 13.3K Jan 9, 2023 Common Stock 5.43K $4.75 Direct F1
transaction DOCN Stock Option (Right to Buy) Options Exercise $0 -8.33K -79.99% $0.00 2.08K Jan 9, 2023 Common Stock 8.33K $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 vested 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.