Adrienne Elizabeth Calderone - 01 Feb 2023 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: 01 Feb 2023
Net transactions value: +$68,734
Form type: 4
Filing time: 03 Feb 2023, 15:15:51 UTC
Previous filing: 11 Jan 2023
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	$63,284	+13,323	+7.7%	$4.75	187,064	01 Feb 2023	Direct
transaction	DOCN	Common Stock	Options Exercise	$5,450	+1,042	+0.56%	$5.23	188,106	01 Feb 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	-13,323	-100%	$0.000000^*	0	01 Feb 2023	Common Stock	13,323	$4.75	Direct	F1
transaction	DOCN	Stock Option (Right to Buy)	Options Exercise	$0	-1,042	-50%	$0.000000	1,042	01 Feb 2023	Common Stock	1,042	$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.