Adrienne Elizabeth Calderone - Mar 1, 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Mar 1, 2023
Transactions value $
-$22,149
Form type
4
Date filed
3/3/2023, 04:03 PM
Previous filing
Feb 3, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Tax liability -$27.6K -863 -0.46% $31.98 187K Mar 1, 2023 Direct F1
transaction DOCN Common Stock Options Exercise $5.45K +1.04K +0.56% $5.23 188K Mar 1, 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 -1.04K -100% $0.00* 0 Mar 1, 2023 Common Stock 1.04K $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.