Yancey L. Spruill - 13 Jan 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role: Chief Executive Officer, Director
Signature: /s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol: DOCN
Transactions as of: 13 Jan 2023
Net transactions value: +$99,998
Form type: 4
Filing time: 17 Jan 2023, 15:27:12 UTC
Previous filing: 02 Dec 2022
Next filing: 03 Mar 2023
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	$99,998	+17,825	+0.56%	$5.61^*	3,192,516	13 Jan 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	-17,825	-0.52%	$0.000000	3,428,700	13 Jan 2023	Common Stock	17,825	$5.61	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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.