Adrienne Elizabeth Calderone - 01 Mar 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 Mar 2023
Net transactions value: -$22,149
Form type: 4
Filing time: 03 Mar 2023, 16:03:32 UTC
Previous filing: 03 Feb 2023
Next filing: 10 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	Tax liability	$27,599	-863	-0.46%	$31.98	187,243	01 Mar 2023	Direct	F1
transaction	DOCN	Common Stock	Options Exercise	$5,450	+1,042	+0.56%	$5.23	188,285	01 Mar 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	-1,042	-100%	$0.000000^*	0	01 Mar 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	The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
F2	The shares underlying the option vested 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.