Matt Steinfort - 03 Feb 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
03 Feb 2023
Net transactions value
$0
Form type
4
Filing time
03 Feb 2023, 15:16:26 UTC
Previous filing
11 Jan 2023
Next filing
19 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Award $0 +483,225 $0.000000 483,225 03 Feb 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 25% of the shares underlying these RSUs shall vest on December 1, 2023 and the remaining shares underlying these RSUs shall vest in 12 equal quarterly installments beginning on March 1, 2024, subject to the Reporting Person's continuous service with the Issuer on each such date.