Jeffrey Scott Guy - Mar 10, 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Chief Operating Officer
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Mar 10, 2023
Transactions value $
-$379,744
Form type
4
Date filed
3/14/2023, 05:18 PM
Previous filing
Mar 3, 2023
Next filing
Apr 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $40.3K +6K +3.49% $6.72* 178K Mar 10, 2023 Direct
transaction DOCN Common Stock Sale -$224K -6.4K -3.6% $35.01 172K Mar 10, 2023 Direct F1, F2
transaction DOCN Common Stock Sale -$196K -5.6K -3.26% $35.00 166K Mar 14, 2023 Direct F1

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 -6K -1.64% $0.00 360K Mar 10, 2023 Common Stock 6K $6.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $35.00-$35.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 One fourth of the shares underlying this option vested and became exercisable on February 18, 2021, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on March 18, 2021, subject to the Reporting Person's continuous service with the Issuer on each such date.